[PPT] - Backup Q2 2005. Deutsche Telekom Investor Relations, Bonn office PowerPoint Presentation

SLIDE 1

Backup Q2 2005. Deutsche Telekom

Investor Relations, Bonn office

Phone +49 228 181 - 8 88 80 Fax +49 228 181 - 8 88 99 E-Mail investor.relations@telekom.de

Investor Relations, New York office

Phone +1 212 424 2926 Phone + 1 877 DT SHARE (toll-free) Fax +1 212 424 2986 E-Mail investor.relations@usa.telekom.de

Check out our IR-website under www.telekom.de/investor-relations for:

this backup in .pdf- and excel-format the IR calendar 2005 detailed information for debt investors shareholder structure Corporate Governance

SLIDE 2

Content.

At a glance...............................................................3--4 Excellent market position........................................... 5

Group

Adjusted P&L....................................................... 7

Unadjusted P&L...............................................................8

EBITDA reconciliation......................................... 9 Special influences in the P&L............................ 10 Special influences........................................11--12 Change in scope of consolidation ............... 13-14 Balance sheet...............................................15--17 Maturity profile.................................................. 18 Debt to net debt reconciliation ......................... 19 Cash capex........................................................ 20 Free cash flow ................................................... 21 Personnel.......................................................... 22 Currency exchange rates.................................. 23

Broadband/Fixed Net..........................................26 T-Mobile ................................................................42 Business Customers............................................78 GHS .......................................................................90 Glossary for Non-GAAP financial measures .....96

SLIDE 3

Unaudited and preliminary Figures Page3

At a Glance I.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04

Total Revenue

Broadband/Fixedline 6,809 6,609 6,651 27,010 6,638 6,489

4.7%

13,750 13,127

4.5%

T-Com 6,470 6,254 6,278 25,601 6,304 6,119

5.4%

13,069 12,423

4.9%

T-Online 499 486 538 2,012 509 522 4.6% 988 1,031 4.4% T-Mobile 6,649 6,914 6,692 26,527 6,746 7,197 8.2% 12,921 13,943 7.9% Business Customers 3,272 3,169 3,441 12,957 3,124 3,206

2.0%

6,347 6,330

0.3%

GHS 882 887 891 3,526 853 883 0.1% 1,748 1,736

0.7%

Reconciliation

3,235
3,226
2,935
12,660
2,985
3,027

6.4%

6,499
6,012

7.5%

Net Revenue

Broadband/Fixedline 5,609 5,433 5,714 22,409 5,527 5,439

3.0%

11,262 10,966

2.6%

T-Mobile 6,372 6,663 6,449 25,450 6,531 6,962 9.3% 12,338 13,493 9.4% Business Customers 2,327 2,200 2,505 9,241 2,253 2,281

2.0%

4,536 4,534 0.0% GHS 69 57 72 260 65 66

4.3%

131 131 0.0% Group 14,377 14,353 14,740 57,360 14,376 14,748 2.6% 28,267 29,124 3.0%

EBITDA excluding special influences

Broadband/Fixedline 2,577 2,495 2,509 10,173 2,517 2,440

5.3%

5,169 4,957

4.1%

T-Com 2,439 2,358 2,435 9,722 2,436 2,375

2.6%

4,929 4,811

2.4%

T-Online 129 136 81 464 88 84

34.9%

247 172

30.4%

T-Mobile 2,127 2,374 2,068 8,395 2,111 2,481 16.6% 3,953 4,592 16.2% Business Customers 426 453 365 1,638 396 410

3.8%

820 806

1.7%

GHS

165
22
274
548
72
66

60.0%

252
138

45.2% Reconciliation

42
7

58

41
34
40

4.8%

92
74

19.6% Group 4,923 5,293 4,726 19,617 4,918 5,225 6.1% 9,598 10,143 5.7%

SLIDE 4

Unaudited and preliminary Figures Page4

At a Glance II.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04

EBITDA Margin excluding special influences

Broadband/Fixedline 37.8% 37.8% 37.7% 37.7% 37.9% 37.6%

0.2%p

37.6% 37.8% 0.2%p T-Com 37.7% 37.7% 38.8% 38.0% 38.6% 38.8% 1.1%p 37.7% 38.7% 1.0%p T-Online 25.9% 28.0% 15.1% 23.1% 17.3% 16.1%

9.8%p

25.0% 16.7%

8.3%p

T-Mobile 32.0% 34.3% 30.9% 31.6% 31.3% 34.5% 2.5%p 30.6% 32.9% 2.3%p Business Customers 13.0% 14.3% 10.6% 12.6% 12.7% 12.8%

0.2%p

12.9% 12.7%

0.2%p

GHS

18.7%
2.5%
30.8%
15.5%
8.4%
7.5%

11.2%p

14.4%
7.9%

6.5%p Group 34.2% 36.9% 32.1% 34.2% 34.2% 35.4% 1.2%p 34.0% 34.8% 0.9%p

Cash Capex

Broadband/Fixedline 478 499 775 2,122 396 540 13.0% 848 936 10.4% T-Mobile 767 697 789 3,078 2,505 1,007 31.3% 1,592 3,512 120.6% Business Customers 211 193 229 757 132 168

20.4%

335 300

10.4%

GHS 128 133 201 518 56 118

7.8%

184 174

5.4%

Group 1,576 1,480 2,002 6,410 3,091 1,824 15.7% 2,928 4,915 67.9% 174

Net Income

incl. Special influences

577

1,359

1,714 1,564 1,010 943 63.4% 1,209 1,953 61.5%

excl. Special influences

1,222 1,152 592 3,657 1,002 949

22.3%

1,913 1,951 2.0%

Free-Cash-Flow

before dividend

1,324 2,440 3,594 10,310

915

1,815 37.1% 4,276 900

79.0%

Net Debt (billion)

47,067 44,596 39,543 39,543 42,635 44,533

5.4%

47,067 44,533

5.4%

SLIDE 5

Unaudited and preliminary Figures Page5

Excellent market position.

Delta% Delta% abs. % abs. % Broadband lines total2 4.9 5.4 6.1 6.7 7.1 0.4 6.0% 2.2 44.9% 6.0% 44.9%

f which Germany3

4.7 5.2 5.8 6.4 6.7 0.3 4.7% 2.0 42.6% 4.7% 42.6%

f which resale4

0.0 0.1 0.2 0.5 0.7 0.2 40.0% 0.7 n.a. 40.0% n.a. Narrowband lines total5 43.3 43.0 42.8 42.4 42.1

0.3
0.7%
1.2
2.8%
0.7%
2.8%
f which Germany6

37.2 37.0 36.8 36.4 36.0

0.4
1.1%
1.2
3.2%
1.1%
3.2%
f which CEE7

6.1 6.1 6.1 6.0 6.2 0.2 3.3% 0.1 1.6% 3.3% 1.6% Registered internet customers total8 13.3 13.4 13.5 13.6 13.6 0.0 0.0% 0.3 2.3% 0.4% 2.3% Mobile Majority Holdings 73.5 75.4 77.6 79.0 80.9 1.9 2.3% 7.4 10.1% 2.3% 10.1% T-Mobile Germany 27.1 27.4 27.5 27.6 28.2 0.6 2.1% 1.1 4.2% 2.1% 4.2% T-Mobile USA 15.4 16.3 17.3 18.3 19.2 0.9 5.2% 3.9 25.0% 5.2% 25.0% T-Mobile UK9 14.9 15.2 15.7 16.1 16.1 0.0 0.0% 1.2 7.8%

0.3%

7.8% T-Mobile Austria 2.0 2.0 2.0 2.0 2.0 0.0 0.0% 0.0 1.6% 2.4% 1.6% T-Mobile CZ 4.1 4.1 4.4 4.4 4.5 0.1 1.4% 0.4 9.5% 1.4% 9.5% T-Mobile NL 2.2 2.3 2.3 2.2 2.3 0.0 2.3% 0.0 1.2% 2.3% 1.2% CEE10 7.8 8.1 8.4 8.4 8.6 0.2 2.3% 0.8 10.3% 2.3% 10.3% Delta q.o.q.

1 Figures rounded to the nearest million. The total is calculated on the basis of precise numbers. 2 Lines in operation. 3 Since Jan. 31, 2005, broadband lines based on DSL technology for consumers have been marketed by T-Online, broadband lines excluding internal use. Historic figures adjusted. 4 Definition of resale: sale of broadband lines based on DSL technology to alternative providers outside DT. 5 The number of narrowband lines rather than channels have been reported since the first quarter of 2005. Historic figures adjusted. 6 Telephone lines excluding internal use and public telecommunication, including wholesale services. Historic figures adjusted. 7 Including MATÁV (incl. Maktel and Montenegro since Q2/05, historic figures are not adjusted), Slovak Telecom and T-Hrvatski Telecom. 8 Total calculated on the basis of customers (broadband and narrowband rates) with a billing relationship and PAYG < 30 days and PAYG < 30 days. 9 Incl. Virgin Mobile. 10 Incl. T-Mobile Hungary, T-Mobile Hrvatska (Croatia), T-Mobile SK (Slovakia), Mobimak (Macedonia) and Monet (Montenegro). (Monet incl. in Q2-numbers 2005 for the first time; historical figures adjusted.)

Delta y.o.y. 30/06/05 31/03/05 30/09/04 31/12/04 million1 30/06/04

SLIDE 6

DT-Group.

Content

Adjusted P&L................................................................................................................................................7 Unadjusted P&L......................................................................................................................................8 EBITDA reconciliation.............................................................................................................9 Special influences in the P&L.............................................................................10 Special influences..........................................................................................................11-12 Change in scope of consolidation .............................................13-14 Balance Sheet..........................................................................................................................15-17 Maturity Profile....................................................................................................................................18 Debt to net debt reconciliation.......................................................................19 Cash capex..................................................................................................................................................20 Free cash flow.......................................................................................................................................21 Personnel ........................................................................................................................................................22 Currency exchange rates ............................................................................................23

SLIDE 7

Unaudited and preliminary Figures Page7

Group P&L excluding special influences.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04 Net revenue 14,377 14,353 14,740 57,360 14,376 14,748 2.6% 28,267 29,124 3.0% Cost of sales

7,618
7,514
7,872
30,223
7,526
7,642
0.3%
14,837
15,168
2.2%

Gross profit/loss from sales 6,759 6,839 6,868 27,137 6,850 7,106 5.1% 13,430 13,956 3.9% Selling costs

3,072
3,031
3,503
12,813
3,434
3,486
13.5%
6,279
6,920
10.2%

General administrative costs

1,148
1,002
1,184
4,368
1,030
1,051

8.4%

2,182
2,081

4.6% Other operating income 398 396 479 1,634 279 313

21.4%

759 592

22.0%

Other operating expenses

375
331
380
1,392
305
267

28.8%

681
572

16.0% Operating results = EBIT 2,562 2,871 2,280 10,198 2,360 2,615 2.1% 5,047 4,975

1.4%

EBIT margin 17.8% 20.0% 15.5% 17.8% 16.4% 17.7%

0.1%p

17.9% 17.1%

0.8%p

Financial income/expense, net

788
1,024
937
3,973
742
782

0.8%

2,012
1,524

24.3%

f which: net interest expenses
895
827
738
3,354
743
792

11.5%

1,789
1,535

14.2% Income before taxes = EBT 1,774 1,847 1,343 6,225 1,618 1,833 3.3% 3,035 3,451 13.7% Income taxes

430
560
657
2,087
493
763
77.4%
870
1,256
44.4%

Income/loss after taxes 1,344 1,287 686 4,138 1,125 1,070

20.4%

2,165 2,195 1.4% Income/losses applicable to minority shareholders 122 135 94 481 123 121

0.8%

252 244

3.2%

Net income/loss 1,222 1,152 592 3,657 1,002 949

22.3%

1,913 1,951 2.0% Depreciation and amortization

2,361
2,422
2,446
9,419
2,558
2,610
10.5%
4,551
5,168
13.6%

EBITDA 4,923 5,293 4,726 19,617 4,918 5,225 6.1% 9,598 10,143 5.7% EBITDA margin 34.2% 36.9% 32.1% 34.2% 34.2% 35.4% 1.2%p 34.0% 34.8% 0.9%p

SLIDE 8

Unaudited and preliminary Figures Page8

Group P&L including special influences.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04 Net revenue 14,377 14,353 14,740 57,360 14,376 14,748 2.6% 28,267 29,124 3.0% Cost of sales

8,971
7,515
7,854
31,559
7,526
7,649

14.7%

16,190
15,175

6.3% Gross profit/loss from sales 5,406 6,838 6,886 25,801 6,850 7,099 31.3% 12,077 13,949 15.5% Selling costs

3,072
3,032
3,526
12,837
3,434
3,507
14.2%
6,279
6,941
10.5%

General administrative costs

1,148
1,016
1,307
4,505
1,037
1,058

7.8%

2,182
2,095

4.0% Other operating income 473 405 479 1,718 279 354

25.2%

834 633

24.1%

Other operating expenses

375
2,852
314
3,916
318
279

25.6%

750
597

20.4% Operating results = EBIT 1,284 343 2,218 6,261 2,340 2,609 103.2% 3,700 4,949 33.8% EBIT margin 8.9% 2.4% 15.0% 10.9% 16.3% 17.7% 8.8%p 13.1% 17.0% 3.9%p Financial income/expense, net

696
1,024

201

2,743
721
782
12.4%
1,920
1,503

21.7%

f which: net interest expenses
895
827
738
3,354
743
792

11.5%

1,789
1,535

14.2% Income before taxes = EBT 588

681

2,419 3,518 1,619 1,827 210.7% 1,780 3,446 93.6% Income taxes 111

543
666
1,528
486
763

n.a.

319
1,249
291.5%

Income/loss after taxes 699

1,224

1,753 1,990 1,133 1,064 52.2% 1,461 2,197 50.4% / pp minority shareholders 122 135 39 426 123 121

0.8%

252 244

3.2%

Net income/loss 577

1,359

1,714 1,564 1,010 943 63.4% 1,209 1,953 61.5% Depreciation and amortization

3,714
4,850
2,374
13,128
2,558
2,610

29.7%

5,904
5,168

12.5% EBITDA 4,998 5,193 4,592 19,389 4,898 5,219 4.4% 9,604 10,117 5.3% EBITDA margin 34.8% 36.2% 31.2% 33.8% 34.1% 35.4% 0.6%p 34.0% 34.7% 0.8%p

SLIDE 9

Unaudited and preliminary Figures Page9

EBITDAreconciliation in DT Group.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Net revenue 14,377 14,353 14,740 57,360 14,376 14,748 Net income/loss 577

1,359

1,714 1,564 1,010 943 + Income /loss applicable to minority shareholders 122 135 39 426 123 121 = Income /loss after taxes 699

1,224

1,753 1,990 1,133 1,064

Income taxes

111

543
666
1,528
486
763

= Income /loss before taxes = EBT 588

681

2,419 3,518 1,619 1,827

Financial income /expense, net
696
1,024

201

2,743
721
782

= Operating Results = EBIT 1,284 343 2,218 6,261 2,340 2,609

Depreciation and amortization
3,714
4,850
2,374
13,128
2,558
2,610

= EBITDA 4,998 5,193 4,592 19,389 4,898 5,219 EBITDA margin [EBITDA/Net revenue] 34.8% 36.2% 31.2% 33.8% 34.1% 35.4%

Special influences affecting EBITDA

75

100
134
228
20
6

=

Adj. EBITDA

4,923 5,293 4,726 19,617 4,918 5,225

Adj. EBITDA margin [Adj. EBITDA/Net revenue]

34.2% 36.9% 32.1% 34.2% 34.2% 35.4%

SLIDE 10

Unaudited and preliminary Figures Page10

Special influences in Group P&L.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Net revenue Cost of sales

1,353
1

18

1,336
7

Gross profit/loss from sales

1,353
1

18

1,336
7

Selling costs

1
23
24
21

General administrative costs

14
123
137
7
7

Other operating income 75 9 84 41 Other operating expenses

2,521

66

2,524
13
12

Operating results = EBIT

1,278
2,528
62
3,937
20
6

Financial income/expense, net 92 1,138 1,230 21

f which: net interest expenses

Income before taxes = EBT

1,186
2,528

1,076

2,707

1

6

Income taxes 541 17

9

559 7 Income/loss after taxes

645
2,511

1,067

2,148

8

6

Income/losses applicable to minority shareholders

55
55

Net income/loss

645
2,511

1,122

2,093

8

6

Depreciation and amortization

1,353
2,428

72

3,709

EBITDA 75

100
134
228
20
6

SLIDE 11

Unaudited and preliminary Figures Page11

Special influences I.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on Operating expenses

1,353
2,537
62
4,021
20
47
of which unscheduled write-downs on FCC-licences

and on goodwill of T-Mobile USA

1,353

92

1,261
of which unscheduled write-down on goodwill of T-

Mobile UK

2,225
2,225
of which restructuring charges and goodwill write-

downs BB/FN CEE (MATÁV/ST/HT)

219
146
365
of which due to accruals for sale of cable
37
37
of which additional accruals for redundancy

payments, personnel reduction and others

93

29

133
20
47

Effect on Other operating income 75 9 84 41

of which sale of Virgin Mobile and cc-chemplorer

75 9 84

of which D&O insurance USA

41 Effect on Operating Results = EBIT

1,278
2,528
62
3,937
20
6

Effect on EBITDA 75

100
134
228
20
6

SLIDE 12

Unaudited and preliminary Figures Page12

Special influences II.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on Financial income 92 1,138 1,230 21

of which sale of EUTELSAT, MTS, SES, Intelsat

92 1,138 1,230 21 Effect on Income before taxes

1,186
2,528

1,076

2,707

1

6

Effect on Tax 541 17

9

559 7

of which sale of MTS, accruals, valuation adjustment

and others 17 28 55 7

of which effect of impairment on FCC-licences

541

37

504 Effect on income/losses applicable to minority shareholders: Redundancy payments T-Com CEE

55
55

Effect on Net income/(loss)

645
2,511

1,122

2,093

8

6

SLIDE 13

Unaudited and preliminary Figures Page13 € million Total Mobile 2 BB/FN 3 Business Cust.4 Total Business Cust.6 Net revenue 14,377 14,748 112 90 17 5 13 13

99

14,649 1.9% Operating results = EBIT 1,284 2,609 14 21

4
3
14

2,595 102.1% Financial income/expense, net

696
782
10
9
1

10

772
10.9%
of which interest expense
895
792
1
1

1

791

11.6% Income before taxes = EBT 588 1,827 4 12

4
4
4

1,823 210.0% Income taxes 111

763
3
3

3

760

n.a. Income/loss after taxes 699 1,064 1 9

4
4
1

1,063 52.1% Income/losses applicable to minority shareholders 122 121 2 3

1
2

119

2.5%

Net income (loss) 577 943

1

6

3
4

1 944 63.6% EBITDA 4,998 5,219 42 46

2
2
42

5,177 3.6% Special influences 75

6
6

n.a. EBITDA excluding special influences 4,923 5,225 42 46

2
2
42

5,183 5.3% Delta % Pro forma Q2-05 Reported Q2-04 Pro forma Q2-2005 Total effect

1 Effect of acquired businesses on numbers for Q2 2005 2 T-Mobile Slovensko [Q1/2005; 31st December 04], Monet [Q2/2005; 31st March 05] 3 Telekom Montenegro [Q2/2005; 31st March 05], 4 Software Daten Service Gesellschaft mbH [Q3/2004; 1st July 04] 5 Effect of disposed businesses on numbers for Q2 2005 6 T-Systems DSS GmbH & Co KG [Q2/2005; 30th April 05]

reported numbers Q2/04 reported numbers Q2/05

MINUS Acquisition effects1 PLUS Deconsolidation effects5

Change in the scope of consolidation. Current quarter.

SLIDE 14

Unaudited and preliminary Figures Page14 € million Total Mobile 2 BB/FN 3 Business Cust.4 Total Business Cust.6 Net revenue 28,267 29,124 197 166 22 9 13 13

184

28,940 2.4% Operating results = EBIT 3,700 4,949 31 37

4
2
31

4,918 32.9% Financial income/expense, net

1,920
1,503
16
16

16

1,487

22.6%

of which interest expense
1,789
1,535
2
2

2

1,533

14.3% Income before taxes = EBT 1,780 3,446 15 21

4
2
15

3,431 92.8% Income taxes

319
1,249
6
6

6

1,243
289.7%

Income/loss after taxes 1,461 2,197 8 15

5
2
8

2,189 49.8% Income/losses applicable to minority shareholders 252 244 5 6

1
5

239

5.2%

Net income (loss) 1,209 1,953 3 9

4
2
3

1,950 61.3% EBITDA 9,604 10,117 84 86

2
84

10,033 4.5% Special influences 6

26
26

n.a. EBITDA excluding special influences 9,598 10,143 84 86

2
84

10,059 4.8%

1 Effect of acquired businesses on numbers for H1 2005 2 T-Mobile Slovensko [Q1/2005; 31st December 04], Monet [Q2/2005; 31st March 05] 3 Telekom Montenegro [Q2/2005; 31st March 05], Scout Group [Q1/2005; 18th February 04] 4 Software Daten Service Gesellschaft mbH [Q3/2004; 1st July 04] 5 Effect of disposed businesses on numbers for H1 2005 6 T-Systems DSS GmbH & Co KG [Q2/2005; 30th April 05]

reported numbers H1/04 reported numbers H1/05

MINUS Acquisition effects1 PLUS Deconsolidation effects5

Delta % Pro forma H1-05 Reported H1-04 Pro forma H1-2005 Total effect

Change in the scope of consolidation. First half year.

SLIDE 15

Unaudited and preliminary Figures Page15

Consolidated balance sheet. Assets1.

€ billion 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 % Q2/04 Current assets 19.5 18.1 18.8 19.2 15.8

19.1%

Cash and cash equivalents 6.3 5.8 8.0 6.3 3.9

37.9%

Trade and other receivables 7.6 7.2 6.7 7.1 7.4

2.0%

Current recoverable income taxes 0.4 0.3 0.3 0.4 0.5 22.2% Other current financial assests 2.2 1.8 1.2 2.2 1.3

42.3%

Inventories 1.2 1.4 1.2 1.1 0.9

25.4%

Other current assets 1.8 1.6 1.4 2.2 1.8 1.3% Noncurrent assets 112.7 108.5 106.3 109.5 111.5

1.0%

Intangible assets 55.5 52.3 50.7 53.0 54.6

1.5%

Property, plant, and equipment 47.9 46.8 46.3 48.2 48.4 1.0% Equity-accounted financial assets 2.8 3.1 2.7 1.8 1.8

36.4%

Other noncurrent financial assets 1.0 0.9 1.7 1.7 2.1 115.5% Deferred tax assets2 5.2 5.0 4.5 4.5 4.3

17.8%

Other noncurrent assets 0.3 0.3 0.4 0.3 0.3 10.7% Total assets 132.2 126.6 125.1 128.7 127.3

3.7%

1 Figures rounded to the nearest billion. The percentage values are calculated on the basis of precise numbers. 2 Historical figures adjusted due to change in IFRS application.

SLIDE 16

Unaudited and preliminary Figures Page16

Consolidated balance sheet. Shareholders‘ equity and liabilities1.

€ billion 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 % Q2/04 Liabilities Current liabilities 29.1 28.3 26.0 25.0 24.3

16.5%

Current financial liabilities 16.8 16.0 12.5 12.3 11.5

31.6%

Trade and other payables 5.3 5.0 6.1 5.2 5.5 3.3% Income tax liabilities 0.5 0.6 0.7 0.7 0.8 56.2% Current provisions 3.2 3.5 3.7 3.6 3.2 2.2% Other current liabilities 3.3 3.2 3.0 3.1 3.3

1.5%

Noncurrent liabilities 56.8 53.5 53.3 56.7 56.3

0.8%

Noncurrent financial liabilities 41.4 38.2 38.1 41.4 40.6

2.0%

p / p y benefits 4.3 4.3 4.2 4.3 4.4 3.7% Other noncurrent provisions 2.9 2.9 3.1 3.1 3.0 1.7% Deferred tax liabilities2 6.6 6.5 5.9 6.3 6.8 2.3% Other noncurrent liabilities 1.7 1.6 1.9 1.7 1.6

0.8%

Shareholders' equity 46.3 44.7 45.9 47.0 46.7 0.9% Issued capital 10.7 10.7 10.7 10.7 10.7 0.0% Capital reserves 49.5 49.5 49.5 49.5 49.5 0.1% Retained earnings incl. carryforwards

17.7
17.7
17.7
16.1
18.7
5.4%

Other comprehensive income

1.9
2.2
2.7
1.7
0.4

81.6% Consolidated net profit 1.2

0.2

1.6 1.0 2.0 61.5% Subtotal 41.8 40.2 41.5 43.5 43.2 3.3% Minority interest 4.4 4.5 4.4 3.5 3.5

21.1%

Total liabilities and shareholder's equity 132.2 126.6 125.1 128.7 127.3

3.6%

1 Figures rounded to the nearest billion. The percentage values are calculated on the basis of precise numbers. 2 Historical figures adjusted due to change to IFRS

SLIDE 17

Unaudited and preliminary Figures Page17

Balance sheet. Equity ratio and gearing further improved.

35,0% 36.7% Equity ratio1 1.02 x 47.1 46.3 132.2 H1 2004 0.95 x Gearing2 44.5 Net debt 46.7 Equity 127.4 Assets H1 2005 €billion

1 Shareholders’ equity divided by balance sheet total. Calculated on exact figures. 2 Net debt divided by shareholders’ equity.

SLIDE 18

Unaudited and preliminary Figures Page18

Maturity profile.

Bonds and Medium Term Notes (MTN) maturities as of June 30th, 2005 (€ billion)

14 2.8 5.0 3.7 3.7 2.2 4.9 3.5 2.8 1.0 9.7 0.2

For detailed information on Bonds, Medium Term Notes and the Mandatory Convertible Bond such as:

Principal amount Currency Maturity date Coupon ISIN Code Documentation

check the IR-website under “Debt Market”

12 10 8 6 4 2

year

14 >14 05 06 07 08 09 10 11 12 13

Current Rating Moody’s: A3 with stable outlook (long term) and P-2 with stable outlook (short term) S&P: A- with stable outlook (long term) and A-2 with stable outlook (short term) Fitch: A- with stable outlook (long term) and F1 with stable outlook (short term) R&I: A with stable outlook (long term)

SLIDE 19

Unaudited and preliminary Figures Page19

Debt to net debt reconciliation.

€ million 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 Delta Q2 vs. Q1 Delta y.o.y. Bonds 46,559 43,347 39,458 41,921 40,732

2.8%
12.5%

Other financial liabilities 8,539 8,430 9,013 8,927 8,905

0.2%

4.3% Gross debt based on underlying IFRS figures 55,098 51,777 48,471 50,848 49,637

2.4%
9.9%

Cash and cash equivalents 6,305 5,812 8,005 6,260 3,910

37.5%
38.0%

Available-for-sale/Held-for-trading financial assets 676 636 120 934 114

87.8%
83.1%

Other financial assets 1,050 733 803 1,019 1,080 6.0% 2.9% Net debt based on underlying IFRS figures 47,067 44,596 39,543 42,635 44,533 4.5%

5.4%

SLIDE 20

Unaudited and preliminary Figures Page20

Cash Capex1.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 %Q2/04 H1/04 H1/05 %H1/04 BB/FN 478 499 775 2,122 396 540 13.0% 848 936 10.4% T-Mobile 767 697 789 3,078 2,505 1,007 31.3% 1,592 3,512 120.6% Business Customers 211 193 229 757 132 168

20.4%

335 300

10.4%

GHS 128 133 201 518 56 118

7.8%

184 174

5.4%

Group 1,576 1,480 2,002 6,410 3,091 1,824 15.7% 2,928 4,915 67.9%

1 Amounts of payouts for tangible and intangible assets excluding Goodwill.

SLIDE 21

Unaudited and preliminary Figures Page21

Free cash flow1.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 %H1/04 Net profit/loss 577

1,359

1,714 1,564 1,010 943 63.4% 1,209 1,953 61.5% Income applicable to minority shareholders 122 135 39 426 123 121

0.8%

252 244

3.2%

Income/loss after taxes 699

1,224

1,753 1,990 1,133 1,064 52.2% 1,461 2,197 50.4% Depreciation and amortization 3,714 4,850 2,374 13,128 2,558 2,610

29.7%

5,904 5,168

12.5%

Income tax expense

111

543 666 1,528 486 763 n.a. 319 1,249 291.5% Net interest expense 777 1,137 428 3,354 848 687

11.6%

1,789 1,535

14.2%

p

f non-current assets
103
98
136
334
22

10 n.a.

100
12

88.0% Results from associated companies

80

88

1,007
945
36
41

48.8%

26
77 -196.2%

Other noncash transactions 21

406

914 821

145

119 466.7% 313

26

n.a. Change in working capital (assets)1

396

536 716 523

750

79 n.a.

729
671

8.0% Change in accruals

135

194 145 604 25

266
97.0%

265

241

n.a. Change in other working capital (liabilities)2

191
524

863

337
1,108

78 n.a.

676
1,030
52.4%

Income taxes received (paid) 63

237
224

48

424
273

n.a. 509

697

n.a. Dividends received 21 34 18 82 11 13

38.1%

30 24

20.0%

Cash generated from operations 4,280 4,905 6,498 20,462 2,576 4,843 13.2% 9,059 7,419

18.1%

Net interest payment

1,380
985
902
3,742
400
1,204

12.8%

1,855
1,604

13.5% Net cash provided by operating activities 2,900 3,920 5,596 16,720 2,176 3,639 25.5% 7,204 5,815

19.3%

Cash out flows from investments in

intangible assets
232
218
471
1,044
623
409
76.3%
355
1,032 -190.7%
property, plant, equipment
1,343
1,262
1,531
5,366
2,468
1,415
5.4%
2,573
3,883
50.9%

Free cash flow [before dividend] 1,324 2,440 3,594 10,310

915

1,815 37.1% 4,276 900

79.0%

1 Figures rounded to the nearest million.

SLIDE 22

Unaudited and preliminary Figures Page22

Personnel1.

abs. % BBFN 114,991 116,379 114,083 112,333 113,341

1,650
1.4%

T-Com 112,049 113,376 111,079 109,206 110,157

1,892
1.7%

T-Online 2,942 3,003 3,004 3,127 3,184 242 8.2% T-Mobile 47,652 48,164 47,797 49,034 49,466 1,815 3.8% Business Customers 52,970 51,400 51,173 51,708 51,768

1,202
2.3%

GHS 32,219 31,948 31,592 30,709 29,702

2,517
7.8%
of which Vivento2

19,900 19,400 19,000 17,700 16,500

3,400
17.1%

DT Group 247,830 247,891 244,645 243,784 244,277

3,553
1.4%
of which civil servants

47,964 47,771 47,163 46,661 46,633

1,331
2.8%

abs. % BBFN 114,861 116,549 115,010 115,292 112,871 113,515

1,346
1.2%

T-Com 111,916 113,568 112,003 112,329 109,787 110,351

1,565
1.4%

T-Online 2,945 2,981 3,007 2,963 3,084 3,164 219 7.4% T-Mobile 47,407 48,111 47,815 47,418 48,914 49,271 1,864 3.9% Business Customers 52,729 51,593 51,232 51,978 51,314 51,727

1,002
1.9%

GHS 32,787 32,108 31,673 32,872 30,868 29,997

2,790
8.5%
of which Vivento2

19,600 19,600 19,100 19,600 18,100 17,000

2,600
13.3%

DT Group 247,785 248,360 245,730 247,559 243,967 244,510

3,275
1.3%
of which civil servants

48,928 47,843 47,489 48,536 46,801 46,771

2,157
4.4%

1 Full-time employees: number of employees without trainees and students. 2 Figures rounded; including permanent staff.

End of period 30/06/04 30/09/04 Average Q2/04 Delta y.o.y. FY/04 Delta y.o.y. 30/06/05 31/03/05 Q1/05 Q4/04 31/12/04 Q2/05 Q3/04

SLIDE 23

Unaudited and preliminary Figures Page23

Exchange rates.

End of period. Average.

€ 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 1 US-Dollar (USD) 0.82251 0.81077 0.73320 0.77167 0.82967 1 British Pound (GBP) 1.49010 1.45817 1.41624 1.45287 1.48745 100 Czechs Koruna (CZK) 3.14684 3.15847 3.29045 3.32381 3.31807 100 Croatian Kuna (HRK) 13.61490 13.19060 13.04550 13.48260 13.67430 1000 Hungarian Forint (HUF) 3.97789 4.04106 4.06902 4.04564 4.04760 100 Slovak Krona (SKK) 2.50784 2.49657 2.58158 2.59101 2.60774 € Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 1 US-Dollar (USD) 0.83033 0.81840 0.77106 0.80386 0.76260 0.79434 1 British Pound (GBP) 1.49879 1.48754 1.43914 1.47305 1.44100 1.47431 100 Czechs Koruna (CZK) 3.12105 3.16509 3.21226 3.13631 3.33058 3.31840 100 Croatian Kuna (HRK) 13.44700 13.52170 13.23700 13.33720 13.32020 13.61290 1000 Hungarian Forint (HUF) 3.97090 4.02139 4.06732 3.97687 4.08180 4.00602 100 Slovak Krona (SKK) 2.49514 2.49849 2.53383 2.49843 2.61123 2.57011

SLIDE 24

Unaudited and preliminary Figures Page24 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

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SLIDE 25

Unaudited and preliminary Figures Page25 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

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SLIDE 26

Broadband/Fixed Net.

Content

Key figures adjusted for special influences.......................27 EBITDA reconciliation........................................................................................................28 Key figures unadjusted.....................................................................................................29 Special influences.......................................................................................................................30 T-COM – additional information .....................................................31-39

For further information on products, tariffs and divisional management see

www.t-com.de www.t-online.net

SLIDE 27

Unaudited and preliminary Figures Page27

Broadband/Fixed Net adjusted for special influences.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 %H1/04 Total revenue 6,809 6,609 6,651 27,010 6,638 6,489

4.7%

13,750 13,127

4.5%

T-Com 6,470 6,254 6,278 25,601 6,304 6,119

5.4%

13,069 12,423

4.9%

T-Online 499 486 538 2,012 509 522 4.6% 988 1,031 4.4% Net revenue 5,609 5,433 5,714 22,409 5,527 5,439

3.0%

11,262 10,966

2.6%
of which T-Com

5,154 4,992 5,234 20,585 5,067 4,962

3.7%

10,359 10,029

3.2%
of which T-Online

455 441 480 1,824 460 477 4.8% 903 937 3.8% Adjusted EBITDA 2,577 2,495 2,509 10,173 2,517 2,440

5.3%

5,169 4,957

4.1%

T-Com 2,439 2,358 2,435 9,722 2,436 2,375

2.6%

4,929 4,811

2.4%

T-Online 129 136 81 464 88 84

34.9%

247 172

30.4%

Adjusted EBITDA margin 37.8% 37.8% 37.7% 37.7% 37.9% 37.6%

0.2%p

37.6% 37.8% 0.2%p T-Com 37.7% 37.7% 38.8% 38.0% 38.6% 38.8% 1.1%p 37.7% 38.7% 1.0%p T-Online 25.9% 28.0% 15.1% 23.1% 17.3% 16.1%

9.8%p

25.0% 16.7%

8.3%p

Depreciation and amortization

1,122
1,031
1,003
4,238
1,011
1,015
9.5%
2,204
2,026
8.1%

Operating results = EBIT 1,455 1,464 1,506 5,935 1,506 1,425

2.1%

2,965 2,931

1.1%

SLIDE 28

Unaudited and preliminary Figures Page28

EBITDAreconciliation in Broadband/Fixed Net.

Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Total revenue 6,941 6,809 6,609 6,651 27,010 6,638 6,489 Operating results = EBIT 1,477 1,455 1,296 1,317 5,545 1,506 1,417

Depreciation and amortization
1,082
1,122
1,181
1,023
4,408
1,011

1,015 = EBITDA 2,559 2,577 2,477 2,340 9,953 2,517 2,432 EBITDA margin 36.9% 37.8% 37.5% 35.2% 36.8% 37.9% 37.5%

Special Factors affecting EBITDA
33
18
169
220
8

=

Adj. EBITDA

2,592 2,577 2,495 2,509 10,173 2,517 2,440

Adj. EBITDA margin

37.3% 37.8% 37.8% 37.7% 37.7% 37.9% 37.6% € million

SLIDE 29

Unaudited and preliminary Figures Page29

Broadband/Fixed Net unadjusted.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 %H1/04 Total revenue 6,809 6,609 6,651 27,010 6,638 6,489

4.7%

13,750 13,127

4.5%

T-Com 6,470 6,254 6,278 25,601 6,304 6,119

5.4%

13,069 12,423

4.9%

T-Online 499 486 538 2,012 509 522 4.6% 988 1,031 4.4% Net revenue 5,609 5,433 5,714 22,409 5,527 5,439

3.0%

11,262 10,966

2.6%

EBITDA 2,577 2,477 2,340 9,953 2,517 2,432

5.6%

5,136 4,949

3.6%

T-Com 2,439 2,341 2,266 9,503 2,436 2,367

3.0%

4,896 4,803

1.9%

T-Online 129 135 81 463 88 84

34.9%

247 172

30.4%

EBITDA margin 37.8% 37.5% 35.2% 36.8% 37.9% 37.5%

0.3%p

37.4% 37.7% 0.3%p T-Com 37.7% 37.4% 36.1% 37.1% 38.6% 38.7% 1.0%p 37.5% 38.7% 1.2%p T-Online 25.9% 27.8% 15.1% 23.0% 17.3% 16.1%

9.8%p

25.0% 16.7%

8.3%p

Depreciation and amortization

1,122
1,181
1,023
4,408
1,011
1,015
9.5%
2,204
2,026
8.1%

Operating results = EBIT 1,455 1,296 1,317 5,545 1,506 1,417

2.6%

2,932 2,923

0.3%

SLIDE 30

Unaudited and preliminary Figures Page30

Special influences affecting Broadband/Fixed Net.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on EBITDA

18
169
220
8
of which charges on sale of cable
37
37
Transfer payments to Vivento
2
2
3
Accruals for redundancy payments
33
Accruals for personal related restructuring
5
Restructuring of Magyar Telekom, HT, ST
16
132
148

Effect on Operating results = EBIT

168
189
390
8
of which Goodwill Impairment ST
150
150
of which write-down of HT brand name
14
14
of which write-down of daybyday
6
6

SLIDE 31

Unaudited and preliminary Figures Page31

T-Com – new structure. Key operational performance.

€ million1 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 q.o.q.% y.o.y.% Broadband lines in operation 4.9 5.4 6.1 6.7 7.1 6.0% 44.9% National DSL2,4 4.7 5.2 5.8 6.4 6.7 4.7% 42.6% Resale6 0.0 0.1 0.2 0.5 0.7 40.0% n.a. Central Eastern Europe 0.2 0.2 0.3 0.3 0.4 33.3% 100.0% Magyar Telekom (MT)3,5,7 0.1 0.2 0.2 0.2 0.2 10.4% 73.5% Solvak Telecom (ST)3 0.02 0.03 0.04 0.05 0.07 25.8% 287.8% T-Hrvatski Telekom (T-HT)3 0.01 0.01 0.02 0.03 0.05 78.8% >999.9% Narrowband lines total4,5 43.3 43.0 42.8 42.4 42.1

0.7%
2.8%

National 37.2 37.0 36.8 36.4 36.0

1.1%
3.2%
f which analog lines

26.7 26.5 26.4 26.1 25.9

0.8%
3.0%
f which ISDN lines

10.5 10.5 10.4 10.3 10.1

1.9%
3.8%

Central Eastern Europe 6.1 6.1 6.1 6.0 6.2 3.3% 1.6% Magyar Telekom (MT)3,5,7 3.2 3.2 3.2 3.1 3.3 6.5% 3.1% Solvak Telecom (ST) 1.2 1.2 1.2 1.2 1.2 0.0% 0.0% T-Hrvatski Telekom (T-HT) 1.7 1.7 1.7 1.7 1.7 0.0% 0.0%

1 The total was calculated on the basis of precise figures and rounded to millions. Percentages calculated on the basis of figures shown. 2 Incl. T-Online DSL. 3 Percentages calculated on exact figures. 4 Access lines excluding internal use and public telephone lines, but including lines sold to T-Systems for sale to certain business customers. 5 Access line figures are recorded incl. Magyar Telekoms subsidiaries; e.g. Maktel. 6 Definition of resale: sale o f broadband lines based on DSL technology to alternative providers outside Deutsche Telekom Group. 7 From the second quarter of 2005 Telekom Montenegro is fully consolidated via Magyar Telekom, historic numbers are not restated.

SLIDE 32

Unaudited and preliminary Figures Page32

T-Com Central Eastern Europe (CEE) – fixed network only Key financial figures.1

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% Total Central Eastern Europe2 Total revenue 645 636 634 2,532 614 638

1.1%

1,262 1,252

0.8%

Total adj. EBITDA 254 264 227 1,011 267 255 0.4% 520 522 0.4% Total adj. EBITDA-margin 39.4% 41.5% 35.8% 39.9% 43.5% 40.0% 0.6%p 41.2% 41.7% 0.5%p Magyar Telekom (MT)3,4 Revenue 357 341 343 1,379 334 346

3.1%

695 680

2.2%
Adj. EBITDA

126 124 108 487 126 132 4.8% 255 258 1.2%

Adj. EBITDA-margin

35.3% 36.4% 31.5% 35.3% 37.7% 38.2% 2.9%p 36.7% 37.9% 1.2%p Slovak Telecom (ST)3 Revenue 106 104 106 421 105 104

1.9%

211 209

0.9%
Adj. EBITDA

55 51 49 203 57 50

9.1%

103 107 3.9%

Adj. EBITDA-margin

51.9% 49.0% 46.2% 48.2% 54.3% 48.1%

3.8%p

48.8% 51.2% 2.4%p T-Hrvatski Telekom (T-HT)3 Revenue 188 199 193 765 179 196 4.3% 373 375 0.5%

Adj. EBITDA

73 89 70 321 82 76 4.1% 162 158

2.5%
Adj. EBITDA-margin

38.8% 44.7% 36.3% 42.0% 45.8% 38.8% 43.4% 42.1%

1.3%p

1 No longer including the mobile business, which is now consolidated in the T-Mobile segment. 2 Total figures relate to T-Com´s consolidated financial statements. 3 Figures relate to the companies reviewed and unconsolidated financial statements. 4 From the second quarter of 2005 Telekom Montenegro is fully consolidated via Magyar Telekom, historic numbers are not restated.

SLIDE 33

Unaudited and preliminary Figures Page33

T-Com Central Eastern Europe (CEE) – fixed network only. Key financial figures in local currency.1

million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% Magyar Telekom (MT)2,3 (in HUF) Revenue 89.730 85.071 84.326 347.012 81.769 86.312

3.8%

177.615 168.081

5.4%
Adj. EBITDA

31.803 30.687 26.228 122.779 30.943 31.696

0.3%

65.864 62.639

4.9%
Adj. EBITDA-margin

35.4% 36.1% 31.1% 35.4% 37.8% 36.7% 1.3%p 37.1% 37.3% 0.2%p Slovak Telecom (ST)2 (in HRK) Revenue 4.265 4.134 4.189 16.844 4.020 4.029

5.5%

8.521 8.049

5.5%
Adj. EBITDA

2.195 2.042 1.931 8.138 2.185 1.927

12.2%

4.165 4.112

1.3%
Adj. EBITDA-margin

51.5% 49.4% 46.1% 48.3% 54.4% 47.8%

3.7%p

48.9% 51.1% 2.2%p T-Hrvatski Telekom (T-HT)2 (in HKK) Revenue 1.402 1.469 1.458 5.735 1.346 1.434 2.3% 2.808 2.780

1.0%
Adj. EBITDA

542 662 528 2,406 612 564 4.1% 1.216 1.176

3.3%
Adj. EBITDA-margin

38.7% 45.1% 36.2% 42.0% 45.5% 39.3% 0.6%p 43.3% 42.3%

1.0%p

1 No longer including the mobile business, which is now consolidated in the T-Mobile segment. 2 Figures relate to the companies reviewed and unconsolidated financial statements. 3 From the second quarter of 2005 Telekom Montenegro is fully consolidated via Magyar Telekom, historic numbers are not restated.

SLIDE 34

Unaudited and preliminary Figures Page34

T-Com Domestic – new structure. Revenue split.

€ million Q1/04 Q2/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% Revenue Total 5.982 5.825 23.069 5.690 5.481

5.9%

11.807 11.171

5.4%

Network Communications 3.640 3.593 14.406 3.548 3.466

3.5%

7.233 7.014

3.0%

Thereof narrowband access 1.998 2.012 7.966 1.997 1.998

0.7%

4.010 3.995

0.4%

Thereof broadband access 196 217 893 362 330 52.1% 413 692 67.6% Thereoff call revenues 1.404 1.342 5.369 1.182 1.129

15.9%

2.746 2.311

15.8%

Wholesale Services 1.302 1.192 4.942 1.245 1.163

2.4%

2.494 2.408

3.4%

Data communications1 371 317 1.050 308 271

14.5%

688 579

15.8%

Vallue-added services 320 263 1.187 274 267 1.5% 583 541

7.2%

Terminal equipment 147 123 532 98 98

20.3%

270 196

27.4%

Other fixed-line network revenues 202 337 952 217 216

35.9%

539 433

19.7%

1 Including T-LAN.

SLIDE 35

Unaudited and preliminary Figures Page35

T-Com Domestic – Call development Call Minutes, Call prices, Call revenues.1,2

Q1/04 Q2/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% Minutes (billion)3 Total 34.1 30.5 124.0 30.0 28.3

7.2%

64.5 58.2

9.8%

City/Local 20.7 18.0 73.6 17.9 16.5

8.3%

38.6 34.4

10.9%

Long Distance 10.5 9.6 38.9 9.4 9.0

6.3%

20.1 18.4

8.5%

International 0.9 0.8 3.4 0.8 0.8 1.7 1.6

5.9%

Fixed-to-mobile 2.0 2.0 8.0 1.8 2.0 4.0 3.8

5.0%

Prices (€ per 100 minutes)3 Total 4.1 4.4 4.3 4.0 4.0

9.1%

4.3 4.0

7.0%

City/Local 2.3 2.4 2.4 2.2 2.1

12.5%

2.3 2.2

4.3%

Long Distance 3.2 3.2 3.2 3.0 2.7

15.6%

3.2 2.8

12.5%

International 15.2 16.3 15.4 14.5 13.8

15.3%

15.6 14.1

9.6%

Fixed-to-mobile 22.8 24.0 23.3 21.6 21.3

11.3%

23.4 21.6

7.7%

Revenue (€ million)3 Total 1.404 1.342 5.369 1.182 1.129

15.9%

2.746 2.311

15.8%

City/Local 480 426 1.740 394 352

17.4%

906 746

17.7%

Long Distance 332 307 1.240 280 240

21.8%

639 520

18.6%

International 136 130 516 115 110

15.4%

266 225

15.4%

Fixed-to-mobile 456 479 1.873 394 426

11.1%

935 820

12.3%

1 In the PSTN = Public Switched Telephone Network (T-Com call minutes only, excluding internal use and public telephone call minutes including wholesale services) 2 2004 figures contain reclassified calling revenues, minutes and prices as a result of changes in the product clusters. 3 The total was calculated on the basis of precise figures and rounded. Percentages calculated on the basis of figures shown. 4 In 2004 adjusted for the revenue of narrowband internet access minutes. From 2005 only calling minutes will be reported.

SLIDE 36

Unaudited and preliminary Figures Page36

YE '03 Germany CEE YE '04 Germany CEE Q1'05 Germany CEE Q2'05

116,025

2,238
2,708

111,079 +186

2,059

109,206 +384 +567 110,157

T-Com – new structure. Personnel development1.

1 Number of employees at the end of each period shown. D for Germany, CEE for Central Eastern Europe. 2 Working hour reduction from 38 to 34 hour/week at T-Com in Germany. Headcount reduction was partly offset by the transfer of employees from Vivento to T-Com. In

Q2’04 shift of T-Com accounting from GHS to T-Com as of May 1, 2004 (around 1,000 FTE); in Q3‘04 partly off-set by the shift of the communication networks (KN) division

f Network Projects & Services GmbH to Group Headquarters (around 350 FTE).

3 From the second quarter of 2005 Telekom Montenegro (around 1,200 FTE) is fully consolidated via Magyar Telekom. Historic figures are not restated.

5,868

2 2 2 Germany 87.896 Germany 85.658 Germany 85.844 Germany 86.228 3

SLIDE 37

Unaudited and preliminary Figures Page37

BBFN Domestic. Consumer tariffs BB/FN including VAT.1

Te Teleph phone-A cces s Mo Monthly fe fee 2 Mo Mobile bile 3 In International

weekend
weekend

Call Plus 15,95 3,9 1,5 1,5 4,9 2,9 2,9 from 23,2 Call Time 19,95 3,1 1,5 1,5 4,6 2,6 2,6 from 23,2 XXL 24,94 2,9 1,5 3,9 2,5 from 17,9 XXL Freetime 29,94 2,9 3,9 from 23,2 Call Plus 23,95 3,9 1,5 1,5 4,9 2,9 2,9 from 23,2 Call Time 27,95 3,1 1,5 1,5 4,6 2,6 2,6 from 23,2 XXL 32,95 2,9 1,5 3,9 2,5 from 17,9 XXL Plus 37,95 2,9 3,9 from 23,2

A dditi tional ta tariffs

weekend

XXL Local 9,95

Country Select
2,9

Highs p s peed-A cces s s s Mo Monthly f fee 2

T-DSL 1000 16,99 T-DSL 2000 19,99 T-DSL 6000 24,99 T-DSL via Satellit from 19,90

Onlin line-tariff Mo Monthly fe fee 2

T-Online dsl start 4,6 4,95 T-Online dsl volume 5,6 9,95 T-Online dsl flat classic 5,7 14,95 T-Online dsl flat max 4,6 29,95

Internatio

ional t l tariffs

up to 768 kbit/s

up to 64 kbit/s

Up Ups tream Do Downs tream Ce Cent p per M Min.

minimal charge 1,00 €

T- T-DSL

up to 1.024 kbit/s

1,59

T- T-On Online

1,59
Ci

City3 Ge Germany3 T- T-Net Ce Cent p per M MB

up to 128 kbit/s up to 192 kbit/s up to 576 kbit/s up to 2.048 kbit/s up to 6.016 kbit/s

T- T-ISDN

1 For general conditions and further details of our new tariff system Taff05 launched on March 1, 2005, please see www.t-com.de/tarife. 2 In € including VAT. 3 Usage prices are stated in Cent/Minute or Cent/MB including VAT. 4 30h online time included in basic price. 5 3000MB data volume included in basic price. 6 Available for the following T-DSL accesses. T-DSL 1000 / 2000 / 6000. 7 Available for the following T-DSL accesses. T-DSL 1000 / 2000

SLIDE 38

Unaudited and preliminary Figures Page38

T-Com – new structure. TAFF tariffs - started 1 March 2005 - and calling plans.

Additional tariffs Tariffs CallPlus CallTime CallXXL XXL Freetime CallXXL Local CountrySelect

Consumercallingplanstotal ('000)3

11.631 12.046 12.742 Jun '04 Dec '04 Jun '05

+9,6%

1 As of 1st of march 2005 including customers migrated from calling plan “Call Time 120” into new TAFF tariff “Call Time”. 2 As of 1st of march 2005 including customers migrated from calling plan “Aktiv Plus XXL” into new TAFF tariff “Call XXL”. 3 Excluding business customers calling plans, including new TAFF tariffs and customers not yet migrated from old tariff structure. 4 Since introduction on march 1st 2005.

Off peak usage High usage Normal usage Low usage Customer group 0 Cent

ff peak

0 Cent weekend 120 free minutes Favorable monthly fee Characteristics Local flat rate for 9,95 € 2,9 Cent/min selected countries Local callers International focus 3,7841 3,3742 8,8153 30.06.2005 ('000) 722 452 156 328

1,527,000 TAFF net additions4

SLIDE 39

Unaudited and preliminary Figures Page39

T-Com. Overview interconnection tariffs (excl. VAT).

51.4310 Activation and Termination fee

60.829 Partially unbundled (“Line Sharing“) Fully unbundled (“TAL“)

New New

LocalLoop(in €)

Old Old

2.3110 Monthly fee 2.439 10,658 Monthly fee 11.807 43.10 – 69.786 Activation and Termination fee 47.97 – 96.225

2.154 1.874 1.634 1.982 1.702 1.462 1.52 0.96 0.59 Peak Peak (9:00-18:00), :00-18:00), n new1 1.494 1.322 1.34 2.02 Double transit national 1.324 1.152 1.17 1.74 Single transit 1.174 1.002 1.04 1.54 Local Transit fees(0.2)3 0.99 1.22 1.86 Double transit national 0.64 0.71 1.07 Single transit 0.40 Off-Peak Off-Peak (18:00-9:00), 18:00-9:00), n new1 Termination/Originationfees Off-Peak Off-Peak (18:00-9:00), 18:00-9:00), o

ld

Peak Peak (9:00-18:00), :00-18:00), o

ld

Cent/ Cent/min. in. 0.44 0.65 Local

1 6

New prices are valid from 01/12/ 2003 to 31/05/ 2006.

2 New prices are valid from 01/02/ 2005 to 31/05/ 2006. 3 Including transit fee of T-Com and termination fee of other domestic third carrier. 4 New prices are valid from 01/02/ 2005 to 31/05/ 2006 only for 36 other domestic carriers . 5 Depending on complexity – valid to 30/06/2005

Depending on complexity – valid to 30/06/2007.

7 Twisted pair copper access line valid to 31/03/2005. 8 Twisted pair copper access line valid to 31/03/2007. 9 Line Sharing valid to 30/06/2005. 10 Line Sharing valid to 30/06/2007.

SLIDE 40

Unaudited and preliminary Figures Page40 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

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SLIDE 41

Unaudited and preliminary Figures Page41 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

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SLIDE 42

T-Mobile.

Content

Key figures adjusted for special influences.......................................................43 EBITDA reconciliation ........................................................................................................................................44 Key figures unadjusted.....................................................................................................................................45 Special influences.......................................................................................................................................................46 Save for Growth................................................................................................................................................................47 Overview customer data................................................................................................................................48 Germany: Operating, financial details and tariffs ....................................................50-53 USA: Operating, financial details and coverage check ........................................54-55 UK: Operating, financial details and tariffs..............................................................................56-58 Netherlands: Operating and financial details ............................................................59-60 Austria: Operating, financial details and tariffs............................................................61-62 Czech Republic: Operating, financial details and tariffs..........................63-64 Hungary: Operating and financial details.........................................................................................65 Croatia: Operating and financial details..............................................................................................66 Slovakia: Operating and financial details .........................................................................................67 Macedonia: Operating and financial details ..............................................................................68 web’n’walk ....................................................................................................................................................................69-73 HSDPA...................................................................................................................................................................................................74

For further information on products, tariffs and divisional management see

www.t-mobile-international.de

SLIDE 43

Unaudited and preliminary Figures Page43

T-Mobile segment adjusted for special influences.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenue 6,649 6,914 6,692 26,527 6,746 7,197 8.2% 12,921 13,943 7.9% Net revenue 6,372 6,663 6,449 25,450 6,531 6,962 9.3% 12,338 13,493 9.4% ARPU revenue 5,792 5,996 5,784 22,928 5,771 6,200 7.0% 11,148 11,971 7.4% EBITDA 2,127 2,374 2,068 8,395 2,111 2,481 16.6% 3,953 4,592 16.2% EBITDA margin (total revenues) 32.0% 34.3% 30.9% 31.6% 31.3% 34.5% 2.5%p 30.6% 32.9% 2.3%p EBITDA margin (ARPU revenues) 41.2% 39.6% 35.8% 36.6% 36.6% 40.0%

1.1%p

39.6% 38.4%

1.3%p

Depreciation and amortization

813
937
979
3,414
1,136
1,180
45.1%
1,498
2,316
54.6%

Operating results = EBIT 1,314 1,437 1,089 4,981 975 1,301

1.0%

2,455 2,276

7.3%

Cash Capex1 767 697 789 3,078 2,505 1,007 31.3% 1,592 3,512 120.6% Cash Contribution1,2 1,360 1,677 1,279 5,317

394

1,474 8.4% 2,361 1,080

54.3%
Adj. Cash Capex1,3

767 697 789 3,078 627 820 6.9% 1,592 1,447

9.1%
Adj. Cash Contribution1,2,3

1,360 1,677 1,279 5,317 1,484 1,661 22.1% 2,361 3,145 33.2%

1 Amounts for 2005 include investments in the coverage areas previousley covered by the network infrastructure joint venture with Cingular. Amounts for 2004 exclude our investment to fund capital expenditures in the JV with Cingular. 2 Defined as adj. EBITDA minus Cash Capex. 3 Adjusted by excluding the acquisition costs for networks and spectrum in California and Nevada of EUR 1,878 million in Q1-2005 and excluding costs for licences aquired in Auction 58 of EUR 187 million in Q2.

SLIDE 44

Unaudited and preliminary Figures Page44

EBITDAreconciliation in T-Mobile segment.

Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 H1/04 H1/05 Total revenue 6,649 6,914 6,692 26,527 6,746 7,197 12,921 13,943 Results from ordinary business activities 36

846

1,179 1,510 966 1,263 809

522
Depreciation and amortization
2,166
3,215
887
6,953
1,136
1,180
2,851
2,316

= EBITDA 2,202 2,369 2,066 8,463 2,102 2,443 4,028 4,545 EBITDA margin 33.1% 34.3% 30.9% 31.9% 31.2% 33.9% 31.2% 32.6%

Special influences affecting EBITDA

75

5
2

68

9
38

75

47

=

Adj. EBITDA

2,127 2,374 2,068 8,395 2,111 2,481 3,953 4,592

Adj. EBITDA margin

32.0% 34.3% 30.9% 31.6% 31.3% 34.5% 30.6% 32.9% € million

SLIDE 45

Unaudited and preliminary Figures Page45

T-Mobile segment unadjusted.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenue 6,649 6,914 6,692 26,527 6,746 7,197 8.2% 12,921 13,943 7.9% Net revenue 6,372 6,663 6,449 25,450 6,531 6,962 9.3% 12,338 13,493 9.4% EBITDA 2,202 2,369 2,066 8,463 2,102 2,443 10.9% 4,028 4,545 12.8% EBITDA margin 33.1% 34.3% 30.9% 31.9% 31.2% 33.9% 0.8%p 31.2% 32.6% 1.4%p Depriciation and amortization

2,166
3,215
887
6,953
1,136
1,180

45.5%

2,851
2,316

18.8% Operating results = EBIT 36

846

1,179 1,510 966 1,263 n.a. 1,177 2,229 89% Cash Capex1 767 697 789 3,078 2,505 1,007 31.3% 1,592 3,512 120.6% Cash Contribution1,2 1,435 1,672 1,277 5,385

403

1,436 0.1% 2,436 1,033

57.6%
Adj. Cash Capex1,3

767 697 789 3,078 627 820 6.9% 1,592 1,447

9.1%
Adj. Cash Contribution1,2,3

1,435 1,672 1,277 5,385 1,475 1,623 13.1% 2,436 3,098 27.2%

1 Amounts for 2005 include investments in the coverage areas previousley covered by the network infrastructure joint venture with Cingular. Amounts for 2004 exclude our investment to fund capital expenditures in the JV with Cingular. 2 Defined as adj. EBITDA minus Cash Capex. 3 Adjusted by excluding the acquisition costs for networks and spectrum in California and Nevada of EUR 1,878 million in Q1-2005 and excluding costs for licences aquired in Auction 58 of EUR 187 million in Q2.

SLIDE 46

Unaudited and preliminary Figures Page46

Special influences affecting T-Mobile segment.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 H1/04 H1/05 Effects on EBITDA 75

5
2

68

9
38

75

47
of which subsequent proceeds from

sale of Virgin Mobile 75 75 75

of which Vivento
5
2
7
2
1
of which restructuring
7
37

Effects on Operating Results = EBIT

1,278
2,283

90

3,471
9
38
1,278
47
of which effects on EBITDA (see above)

75

5
2

68

9
38

75

47
of which Impairment of FCC licenses
1,353

92

1,261
1,353
of which Goodwill Impairment TMUK
2,225
2,225
of which Goodwill Impairment EuroTel
53
53

SLIDE 47

Unaudited and preliminary Figures Page47

Save for growth – delivering on our promises Program shows first financial tangible results

June saving projection shows that we are well on track to deliver our saving target

f € 1.0 bn in 2006

Already € 0.6 bn savings in FY 2005, of which approx. € 0.4 bn will be/ has been

reinvested in growth and strategic products

In 2005 most initiatives are already implemented and show first results e.g.: Handset portfolio with 60 handsets significantly reduced compared to

FY 2004 (82)

Increasing SIM-only retention rate for direct customers Headcount in Europe reduced by approx. 1,400 since start of S4G program Save for Growth has given us: Strong subscriber growth and higher EBITDA margin in Germany Launch of several new products/ propositions since CeBIT like web‘n’walk,

Mates Rates and U-Fix

SLIDE 48

Unaudited and preliminary Figures Page48

T-Mobile segment. Customer data.

'000 (end of period) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Germany 27,059 27,358 27,471 27,471 27,560 28,183 4.2% 27,059 28,183 4.2% USA 15,394 16,295 17,314 17,314 18,271 19,244 25.0% 15,394 19,244 25.0% United Kingdom1 14,899 15,207 15,726 15,726 16,117 16,055 7.8% 14,899 16,055 7.8% Netherlands 2,224 2,253 2,261 2,261 2,222 2,250 1.2% 2,224 2,250 1.2% Austria 2,015 2,004 2,042 2,042 2,041 2,047 1.6% 2,015 2,047 1.6% Czech Republic 4,075 4,130 4,360 4,360 4,390 4,463 9.5% 4,075 4,463 9.5% Hungary 3,913 3,989 4,032 4,032 4,052 4,081 4.3% 3,913 4,081 4.3% Slovakia2 1,740 1,807 1,915 1,915 1,885 1,904 9.4% 1,740 1,904 9.4% Croatia 1,380 1,428 1,534 1,534 1,550 1,651 19.7% 1,380 1,651 19.7% Macedonia 623 693 752 752 777 800 28.4% 623 800 28.4% Monet2 177 230 179 179 178 200 13.3% 177 200 13.3% Total1 73,498 75,395 77,586 77,586 79,043 80,878 10.0% 73,498 80,878 10.0% Contract 34,526 35,913 37,229 37,229 38,253 39,491 14.4% 34,526 39,491 14.4% % of total1 47.0% 47.6% 48.0% 48.0% 48.4% 48.8% 1.9%p 47.0% 48.8% 1.9%p PTC Poland3 7,518 8,051 8,629 8,629 8,946 9,228 22.7% 7,518 9,228 22.7%

1 Including Virgin Mobile 2 Historical numbers adjusted for newly consolidated companies: Customers of T-Mobile Slovensko (Slovakia; fully consolidated since YE 2004; rebranded from Eurotel Bratislava into T-Mobile Slovensko at the beginning of May 2005) and customers of Monet (Montenegro; fully consolidated since Q2-2005) are included in all periods. Growth numbers are therefore on an organic basis. 3 Not fully consolidated

SLIDE 49

Unaudited and preliminary Figures Page49

Consumer Voice. Subsidies down, Usage up.

new

Relax eco

No subsidies – cheap minutes

Mates Rates

D UK

Unlimited option

Fixed price every month - unlimited calls; Choice of weekend, freetime, fixed line

new

UFix tariff

Fixed allowance of minutes & texts for a fixed price every month

D UK

Xtra Click&Go

SIM only – cheap minutes; only available via e-channel

new

„Family“ option

Reduced prides within defined Family Group CZ

D

Combi Card Teens

Transparency and security for teens and their partents.

„Fix-line“ option

Fixed line calls for 1 Cent

D CZ

Click bonus

One time bonus via e-channel purchase

Prepaid Bonus

NL AT

SLIDE 50

Unaudited and preliminary Figures Page50

T-Mobile Germany Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 27,059 27,358 27,471 27,471 27,560 28,183 4.2% 27,059 28,183 4.2%

Contract

13,005 13,333 13,492 13,492 13,579 13,878 6.7% 13,005 13,878 6.7%

Prepay

14,054 14,025 13,979 13,979 13,981 14,305 1.8% 14,054 14,305 1.8% Net adds 378 299 113 1,138 89 623 64.8% 726 712

2.0%
Contract

242 328 159 923 87 298 23.0% 436 386

11.5%
Prepay

136

29
46

215 1 325 139.2% 290 326 12.4% Average monthly churn 1.4% 1.5% 1.6% 1.5% 1.4% 1.3%

0.1%p

1.4% 1.4% 0.0%p

Contract

1.0% 1.1% 1.3% 1.1% 1.1% 1.2% 0.2%p 1.1% 1.2% 0.1%p € Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 2,179 2,261 2,185 8,745 2,074 2,129

2.3%

4,299 4,202

2.3%

ARPU Revenue (million) 1,901 1,987 1,930 7,656 1,861 1,930 1.5% 3,739 3,791 1.4%

Adj. EBITDA (million)1

880 958 999 3,640 825 904 2.7% 1,683 1,728 1 2.7% EBITDA margin (total rev.) 40.4% 42.4% 45.7% 41.6% 39.8% 42.5% 2.1%p 39.1% 41.1% 2.0%p EBITDA margin (ARPU rev.) 46.3% 48.2% 51.8% 47.5% 44.3% 46.8% 0.5%p 45.0% 45.6% 0.6%p SAC 100 112 100 101 107 94

6.0%

97 100 3.1%

Contract

174 171 178 172 191 170

2.3%

168 179 6.5%

Prepay

41 41 19 34 25 23

43.9%

38 24

36.8%

ARPU 24 24 24 24 23 23

4.2%

23 23 0.0%

Contract

39 40 39 39 37 38

2.6%

39 38

2.6%
Prepay

10 10 9 9 8 9

10.0%

9 9 0.0% Non-Voice % of ARPU 17% 17% 17% 17% 17% 16%

1%p

18% 17%

1%p

Cash Capex (million) 166 98 106 481 139 73

56.0%

277 212

23.5%
Adj. Cash Contribution2

714 860 893 3,159 686 831 16.4% 1,406 1,516 7.8%

1 special factor affecting EBITDA: Vivento transfer payment (EUR 5 million in Q3/04, EUR 2 million in Q4/04, EUR 2 million in Q1/05 and EUR 1 million in Q2/05); restructuring (EUR 33 million in Q2/05) 2 Defined as adj. EBITDA - Cash Capex

SLIDE 51

Unaudited and preliminary Figures Page51

Voice: Attractive Consumer Tariffs.

Relax

D

Start

20 minutes incl.

50

50 minutes incl.

100

100 minutes incl.

200

200 minutes incl.

500

500 minutes incl.

Standard 15 € per month Standard 25 € per month Standard 50 € per month Standard 100 € per month 7,5 € per month eco 7,5 € per month eco 15 € per month eco 37,5 € per month eco 85 € per month launch 1.8.05

Unlimited calls : weekend 4,95€/month ; freetime 7,50€/month; Relax Local 10€/month

new Ge Germa rmany o

nly, per month incl. VAT

SLIDE 52

Unaudited and preliminary Figures Page52

XtraClick&Go

D

to other networks € 0,30/Min € 0,00/Min 60/1 3 month 3 month

Price per Card Bonus included

€ 19,95 € 10,00 € 0,30/Min € 0,15 On-net € 0,15/Min € 0,69/Min

new

launch 1.8.05

Voice: Xtra Click&Go – cheap prepaid tariff; available only via e-channel

Fixed line Mailbox SMS Increment PhoneTime MessageTime Hotline

SLIDE 53

Unaudited and preliminary Figures Page53

Voice: Transparency and Cost Control for Teens & Parents.

CombiCardTeens

D € 19, 19,85 including € 85 including € 10 cal 10 calling credit g credit Activation fee € 2 € 25 € 0 € 0 MRC € 5 € 50 € 1 € 10 Monthly pocket- money budget The CombiCardTeens experience:

Reliability: Fixed monthly calling credit for kids – no “bill shock” Inspiration: First operator to offer possibility to block services (such as 0190-numbers).

Germany only, per month incl. VAT

SLIDE 54

Unaudited and preliminary Figures Page54

T-Mobile USA Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 15,394 16,295 17,314 17,314 18,271 19,244 25.0% 15,394 19,244 25.0%

Contract

13,720 14,528 15,341 15,341 16,115 16,796 22.4% 13,720 16,796 22.4%

Prepay

1,674 1,767 1,973 1,973 2,156 2,448 46.2% 1,674 2,448 46.2% Net adds 1,091 901 1,019 4,186 957 972

10.9%

2,266 1,929

14.9%
Contract

936 808 813 3,645 775 681

27.2%

2,024 1,456

28.1%
Prepay

155 93 206 541 182 291 87.7% 242 474 95.9% Average monthly churn 2.8% 3.0% 3.1% 3.0% 2.8% 2.8% 0.0%p 2.9% 2.8%

0.1%p
Contract

2.4% 2.6% 2.6% 2.6% 2.3% 2.3%

0.1%p

2.5% 2.3%

0.2%p

€ Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 2,317 2,458 2,450 9,278 2,598 2,858 23.3% 4,370 5,456 24.9% ARPU Revenue (million) 1,971 2,059 2,038 7,765 2,086 2,317 17.6% 3,668 4,403 20.0% EBITDA (million) 553 625 509 2,056 602 857 55.0% 922 1,459 58.2% EBITDA margin (total rev.) 23.9% 25.4% 20.8% 22.2% 23.2% 30.0% 6.1%p 21.1% 26.7% 5.6%p EBITDA margin (ARPU rev.) 28.1% 30.4% 25.0% 26.5% 28.9% 37.0% 8.9%p 25.1% 33.1% 8.0%p SAC 159 149 156 160 149 139

12.6%

168 144

14.3%
Contract

178 167 180 181 174 174

2.2%

188 174

7.4%
Prepay

73 67 72 72 70 54

26.0%

74 61

17.6%

ARPU 44 43 41 42 39 41

6.8%

43 40

7.0%
Contract

46 46 43 45 42 44

4.3%

45 43

4.4%
Prepay

26 23 23 24 21 21

19.2%

25 21

16.0%

Non-Voice % of ARPU 5% 5% 6% 5% 7% 8% 3%p 4% 7% 3%p Cash Capex (million)1 380 360 353 1,620 2,133 643 69.2% 907 2,776 206.1% Cash Contribution (million)1,2 173 265 156 436

1,531

214 23.7% 15

1,317

n.a.

Adj. Cash Capex (million)1,3

380 360 353 1,620 255 456 20.0% 907 711

21.6%
Adj. Cash Contribution (million)1,2,3

173 265 156 436 347 401 131.8% 15 748 n.a.

1 Amounts for 2005 include investments in the coverage areas previousley covered by the network infrastructure joint venture with Cingular. Amounts for 2004 exclude our investment to fund capital expenditures in the JV with Cingular. 2 Defined as adj. EBITDA minus Cash Capex. 3 Adjusted by excluding the acquisition costs for networks and spectrum in California and Nevada of EUR 1,878 million in Q1-2005 and excluding costs for licences aquired in Auction 58 of EUR 187 million in Q2. For US-GAAP numbers please visit www.t-mobile.com/company/investors to download the T-Mobile USA earnings release published on August 11th, 2005.

SLIDE 55

Unaudited and preliminary Figures Page55

T-Mobile USA (IFRS). Key financial data in US$.

US$ Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 2,790 3,004 3,176 11,538 3,407 3,598 28.9% 5,358 7,005 30.7% Service Revenue (million) 2,373 2,516 2,643 9,655 2,736 2,917 22.9% 4,496 5,653 25.7% EBITDA (million) 667 764 660 2,553 790 1,078 61.5% 1,129 1,868 65.5% EBITDA margin (total rev.) 23.9% 25.4% 20.8% 22.2% 23.2% 30.0% 6.1%p 21.1% 26.7% 5.6%p EBITDA margin (ARPU rev.) 28.1% 30.4% 25.0% 26.5% 28.9% 37.0% 8.9%p 25.1% 33.1% 8.0%p SAC 192 182 202 199 196 175

8.9%

207 185

10.6%
Contract

215 204 233 225 228 215 0.0% 231 222

3.9%
Prepay

88 81 94 89 92 79

10.2%

90 84

6.7%

ARPU 53 53 53 53 51 52

6.8%

52 52 0.0%

Contract

56 56 56 55 54 55

4.3%

55 55 0.0%

Prepay

31 29 29 30 28 27

12.9%

31 27

12.9%

Non-Voice % of ARPU 5% 5% 6% 5% 7% 8% 3%p 4% 7% 3%p Cash Capex (million)1 458 440 457 2,014 2,797 809 76.6% 1,117 3,606 222.8% Cash Contribution (million)1,2 209 324 203 539

2,007

269 28.4% 12

1,738

n.a.

Adj. Cash Capex (million)1,3

458 440 457 2,014 335 574 25.3% 1,117 909

18.6%
Adj. Cash Contribution (million)1,2,3

209 324 203 539 455 504 140.6% 12 959 n.a.

1 Amounts for 2005 include investments in the coverage areas previousley covered by the network infrastructure joint venture with Cingular. Amounts for 2004 exclude our investment to fund capital expenditures in the JV with Cingular. 2 Defined as adj. EBITDA minus Cash Capex. 3 Adjusted by excluding the acquisition costs for networks and spectrum in California and Nevada of USD 2,462 million in Q1/2005 and by excluding the costs for licences aquired in Auction 58 for UDS 235 million in Q2/2005 For US-GAAP numbers please visit www.t-mobile.com/company/investors to download the T-Mobile USA earnings release published on August 11, 2005.

SLIDE 56

Unaudited and preliminary Figures Page56

T-Mobile UK Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers1 (end of period) 14,899 15,207 15,726 15,726 16,117 16,055 7.8% 14,899 16,055 7.8%

Contract

2,858 2,940 2,997 2,997 3,078 3,090 8.1% 2,858 3,090 8.1%

Prepay1

12,041 12,217 12,728 12,728 13,039 12,965 7.7% 12,041 12,965 7.7% Net adds1 556 308 519 2,090 392

63

n.a. 1,263 330

73.9%
Contract

114 83 57 313 81 12

89.5%

173 93

46.4%
Prepay1

441 225 462 1,776 311

75

n.a. 1,089 237

78.2%

Average monthly churn 1.9% 2.5% 3.0% 2.2% 2.6% 3.8% 1.9%p 1.6% 3.2% 1.6%p

Contract

2.5% 2.7% 2.9% 2.7% 3.0% 3.1% 0.6%p 2.6% 3.0% 0.4%p € Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million)3 1,108 1,106 997 4,344 988 1,012

8.7%

2,241 2,001

10.7%

ARPU Revenue (million) 967 947 853 3,709 820 900

6.9%

1,909 1,720

9.9%
Adj. EBITDA (million)

369 2 390 237 1,380 2 277 327

11.4%

753 604

19.8%

EBITDA margin (total rev.) 33.3% 35.3% 23.8% 31.8% 28.0% 32.3%

1.0%p

33.6% 30.2%

3.4%p

EBITDA margin (ARPU rev.) 38.2% 41.2% 27.8% 37.2% 33.8% 36.3%

1.9%p

39.4% 35.1%

4.3%p

SAC 136 107 104 122 157 105

22.8%

140 131

6.4%
Contract

289 214 254 269 324 261

9.7%

306 296

3.3%
Prepay

39 35 36 38 46 28

28.2%

41 36

12.2%

ARPU 31 30 27 29 26 28

9.7%

31 27

12.9%
Contract

68 66 58 64 58 63

7.4%

67 60

10.4%
Prepay

17 16 15 17 12 14

17.6%

18 14

22.2%

Non-Voice % of ARPU 17% 17% 18% 17% 17% 18% 1%p 17% 18% 1%p Cash Capex (million) 94 91 92 335 86 99 5.3% 152 185 21.7%

Adj. Cash Contribution3

275 299 145 1,045 191 228

17.1%

601 419

30.3%

1 Including Virgin Mobile 2 Special factor affecting EBITDA: Subsequent proceeds from sale of Virgin Mobile EUR 75 million in Q2/04. 3 Cut in Mobile Termination Rates in September 2004.

SLIDE 57

Unaudited and preliminary Figures Page57

Voice Prepay: Launch unique Proposition targeted at Mobile Youth Segment

MatesRates

new

UK

‘Mates Rates’

Targeted at Mobile Youth Segment Get best rates when calling your friends on T-Mobile No minimum spend - get reduced rates instantly Launch July 2005 with heavyweight media and TV campaign

Aug/Sep

Focus in key channels relevant to segment ie Woolworths

“ INSTA NSTANT GRA NT GRATIFICA IFICATON ON “ No String No Strings No q No qualify lifying conditio itions unlike other netw unlike other networks

rks

Flexib ibility ility Cred Credit l lasts 1 sts 180 days 0 days (not 3 (not 30 day as ‘3’) day as ‘3’) Great R eat Rates tes Cal Call ot

ther T

r T-Mobi Mobiles s for 5p for 5p a all da ll day any day y any day

SLIDE 58

Unaudited and preliminary Figures Page58

Voice: Attractive Cost Control Tariff.

UFix

UK 1000mins + 100 text 1000mins + 100 texts 400 400mins mins + 50 texts + 50 texts UFix off peak 150 150mins mins + 75 texts + 75 texts 75 75mins + 25texts mins + 25texts UFix all day £30 MRC £20 MRC The Ufix experience:

Reliability: No „bill shock“ – fixed allowance of minutes and text for a fixed price every

month. Possibility to top-up after allowance is used up.

Simplicity: 2 tariff to choose off. Transparent pricing. Inspiration: First operator to offer real cost control within contract.

UK only, per month incl. VAT

SLIDE 59

Unaudited and preliminary Figures Page59

T-Mobile Netherlands Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 2,224 2,253 2,261 2,261 2,222 2,250 1.2% 2,224 2,250 1.2%

Contract

1,033 1,032 1,053 1,053 1,048 1,109 7.3% 1,033 1,109 7.3%

Prepay

1,190 1,221 1,208 1,208 1,174 1,142

4.1%

1,190 1,142

4.1%

Net adds 114 29 8 274

39

28

75.5%

237

10

n.a.

Contract

47

2

21 151

4

60 28.0% 132 56

57.6%
Prepay

67 31

13

123

34
32

n.a. 105

66

n.a. Average monthly churn 2.1% 2.3% 3.0% 2.4% 3.7% 2.9% 0.8%p 2.2% 3.3% 1.1%p

Contract

1.4% 1.7% 2.1% 1.7% 3.0% 1.8% 0.4%p 1.6% 2.4% 0.8%p € Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 267 270 259 1,046 256 267 0.0% 517 523 1.2% ARPU Revenue (million) 239 250 242 948 233 250 4.6% 456 483 5.9%

Adj. EBITDA (million)

37 58 46 144 26 34 2

8.1%

40 61 52.5%

Adj. EBITDA margin (total rev.)

13.9% 21.5% 17.8% 13.8% 10.3% 12.8%

1.1%p

7.7% 11.6% 3.9%p

Adj. EBITDA margin (ARPU rev.)

15.5% 23.2% 19.0% 15.2% 11.3% 13.7%

1.8%p

8.8% 12.6% 3.8%p SAC 164 114 186 180 194 191 16.5% 201 193

4.0%
Contract

366 314 432 384 403 364

0.5%

383 381

0.5%
Prepay

55 39 30 51 26

7

n.a. 65 11

83.1%

ARPU 37 37 36 36 35 37 0.0% 36 36 0.0%

Contract

65 67 65 65 62 66 1.5% 64 64 0.0%

Prepay

12 12 11 12 10 11

8.3%

12 11

8.3%

Non-Voice % of ARPU 13% 13% 13% 13% 14% 13% 0%p 13% 14% 1%p Cash Capex (million) 25 33 64 140 19 33 32.0% 43 52 20.9% Cash Contribution1 12 25

18

4 7 1

91.7%
3

9 n.a.

1 Defined as adj. EBITDA minus Cash Capex. 2 Special influences affecting EBITDA: EUR 2 million for restructuring in Q2/05.

SLIDE 60

Unaudited and preliminary Figures Page60

Voice: T-Mobile PrePaid Bonus in the Netherlands.

How does T-Mobile PrePaidBonus work?

You register by (free) SMS. 6 months after registering you receive a 10%

10% discount on all your national minutes; after 12 months you get a 20% 20% discount and after 18 months you get 30% 30% off!

Service: right before, and on the moment you get

the discount, you receive an SMS from T-Mobile (reminding you that you’re now calling with a discount). Who is T-Mobile PrePaidBonus for?

PrePaid Bonus is attractive for all

PrePaid customers, regardless of usage.

When you are a heavy caller, your

absolute savings) get higher. Why T-Mobile PrePaidBonus?

A brand new PrePaid USP. Attract & retain valuable PrePaid customers. Proof of “Best Service Company” by showing our

PrePaid customers that we appreciate them. NL

SLIDE 61

Unaudited and preliminary Figures Page61

T-Mobile Austria Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 2,015 2,004 2,042 2,042 2,041 2,047 1.6% 2,015 2,047 1.6%

Contract

946 950 985 985 989 997 5.4% 946 997 5.4%

Prepay

1,069 1,054 1,058 1,058 1,052 1,050

1.8%

1,069 1,050

1.8%

Net adds 3

10

38 12

2

6 100.0%

16

4 n.a.

Contract

5 4 34 34 4 8 72.9%

4

12 n.a.

Prepay
2
14

4

23
6
2

14.9%

12
8

33.0% Average monthly churn 1.8% 1.7% 1.8% 1.8% 1.9% 1.8% 0.0%p 1.9% 1.9% 0.0%p

Contract

1.3% 1.1% 1.2% 1.4% 1.4% 1.4% 0.1%p 1.6% 1.4%

0.2%p

€ Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 210 221 216 882 222 213 1.4% 445 435

2.2%

ARPU Revenue (million) 201 207 200 820 210 202 0.5% 413 412

0.2%
Adj. EBITDA (million)

51 66 68 240 62 1 54 5.9% 106 115 8.5%

Adj. EBITDA margin (total rev.)

24.3% 29.9% 31.5% 27.2% 27.8% 25.1% 0.8%p 23.8% 26.5% 2.7%p

Adj. EBITDA margin (ARPU rev.)

25.4% 31.9% 34.0% 29.3% 29.3% 26.5% 1.1%p 25.7% 27.9% 2.2%p SAC 134 102 137 133 133 141 5.2% 144 137

4.9%
Contract

242 203 231 233 248 243 0.4% 247 245

0.8%
Prepay

58 33 45 47 27 41

29.3%

55 34

38.2%

ARPU 33 34 33 34 34 33 0.0% 34 34 0.0%

Contract

58 60 57 59 60 57

1.7%

60 58

3.3%
Prepay

11 12 11 11 10 11 0.0% 11 10

9.1%

Non-Voice % of ARPU 9% 9% 10% 9% 10% 11% 2%p 9% 10% 1%p Cash Capex (million) 20 47 39 131 28 31 55.0% 45 59 31.1% Cash Contribution2 31 19 29 109 34 23

25.8%

61 56

8.2%

1 Special Influences affecting EBITDA: EUR 7 million for resturcturing in Q1/05 2 Defined as adj. EBITDA minus Cash Capex

SLIDE 62

Unaudited and preliminary Figures Page62

Voice: Attractive e-business tariff.

Relax

AT

Relax light

50 on-net min

Relax 100

100 minutes incl.

Relax 200

200 minutes incl.

Relax 400

400 minutes incl.

Relax Plus

On-net & fix-net for free

Relax

On-net for free

34 € per month 42 € per month 9,5 € per month 34 € per month 17€ per month 27€ per month

Echannel proposition only Up to € 80 one time bonus E-bill mandatory

Click bonus for all Relax tariffs:

Austri Austria, per month incl. VAT

SLIDE 63

Unaudited and preliminary Figures Page63

T-Mobile CZ Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 4,075 4,130 4,360 4,360 4,390 4,463 9.5% 4,075 4,463 9.5%

Contract

1,003 1,050 1,105 1,105 1,128 1,178 17.5% 1,003 1,178 17.5%

Prepay

3,072 3,080 3,255 3,255 3,262 3,285 6.9% 3,072 3,285 6.9% Net adds 84 55 230 413 30 73

13.3%

128 103

19.3%
Contract

56 47 55 216 23 51

8.7%

114 74

35.0%
Prepay

28 8 175 197 7 23

18.9%

14 30 118.0% Average monthly churn 0.9% 1.0% 0.9% 1.0% 1.2% 0.9% 0.0%p 1.0% 1.0% 0.0%p

Contract

0.6% 0.5% 0.7% 0.6% 0.6% 0.5%

0.1%p

0.6% 0.6% 0.0%p € Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 203 213 225 827 217 229 12.8% 389 446 14.7% ARPU Revenue (million) 194 202 204 773 206 218 12.4% 367 423 15.3% EBITDA (million) 90 102 86 364 108 108 20.0% 176 216 22.7% EBITDA margin (total rev.) 44.3% 47.9% 38.2% 44.0% 50.0% 47.0% 2.7%p 45.2% 48.5% 3.3%p EBITDA margin (ARPU rev.) 46.4% 50.5% 42.2% 47.1% 52.6% 49.5% 3.1%p 48.0% 51.1% 3.1%p SAC 33 32 16 25 26 27

18.2%

30 27

10.0%
Contract

70 75 60 67 69 63

10.0%

68 66

2.9%
Prepay

18 15 6 11 15 14

22.2%

15 15 0.0% ARPU 16 16 16 16 16 16 0.0% 15 16 6.7%

Contract

39 39 39 39 38 39 0.0% 38 38 0.0%

Prepay

9 9 8 8 8 9 0.0% 8 8 0.0% Non-Voice % of ARPU 19% 20% 20% 20% 22% 20% 1%p 19% 21% 2%p Cash Capex (million) 11 17 30 93 26 12 9.1% 46 39

15.2%

Cash Contribution1 79 85 56 271 82 96 21.5% 130 177 36.2%

1 Defined as adj. EBITDA minus Cash Capex.

SLIDE 64

Unaudited and preliminary Figures Page64

Voice: Attractive options for consumers.

Relax

CZ

30

30 minutes incl.

80

80 minutes incl.

250

250 minutes incl.

500

500 minutes incl. Up to 5 SIMs per Family Group Additional monthly fee per SIM Reduced prices for calls Cost check feature available

Family option:

Additional monthly fee (CZK 58) Calls to fix network CZK 1,2 Launch promotion: Free MRC for 3

month

Fixed line option:

TMCZ o TMCZ only, per month incl. VAT

SLIDE 65

Unaudited and preliminary Figures Page65

T-Mobile Hungary Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 3,913 3,989 4,032 4,032 4,052 4,081 4.3% 3,913 4,081 4.3%

Contract

1,053 1,112 1,163 1,163 1,192 1,227 16.5% 1,053 1,227 16.5%

Prepay

2,860 2,877 2,869 2,869 2,860 2,854

0.2%

2,860 2,854

0.2%

Net adds 75 76 43 266 20 29

61.5%

147 49

66.7%
Contract

41 59 51 181 28 35

14.2%

71 63

10.7%
Prepay

35 17

9

85

9
5

n.a. 76

14

n.a. Average monthly churn 1.0% 1.7% 1.8% 1.3% 1.3% 1.4% 0.4%p 0.9% 1.3% 0.4%p

Contract

0.9% 1.1% 1.0% 1.0% 1.0% 0.8%

0.1%p

0.9% 0.9% 0.0%p € Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 266 274 274 1,049 256 274 3.0% 501 531 6.0% ARPU Revenue (million) 237 244 245 941 234 255 7.6% 452 491 8.6% EBITDA (million) 111 99 106 413 99 111 0.0% 208 210 1.0% EBITDA margin (total rev.) 41.7% 36.1% 38.7% 39.4% 38.5% 40.4%

1.3%p

41.5% 39.5%

2.0%p

EBITDA margin (ARPU rev.) 46.8% 40.6% 43.3% 43.9% 42.1% 43.6%

3.2%p

46.0% 42.7%

3.3%p

SAC 42 48 37 42 35 29

31.0%

41 32

22.0%
Contract

73 85 71 76 70 66

9.6%

74 68

8.1%
Prepay

29 35 25 29 20 16

44.8%

27 18

33.3%

ARPU 20 20 21 20 19 21 5.0% 20 20 0.0%

Contract

50 49 48 49 45 48

4.0%

49 47

4.1%
Prepay

10 10 10 9 9 9

10.0%

9 9 0.0% Non-Voice % of ARPU 11% 12% 13% 12% 14% 13% 2%p 12% 13% 1%p Cash Capex (million) 42 25 61 167 26 62 47.6% 81 88 8.6% Cash Contribution1 69 74 45 246 73 49

29.0%

127 122

3.9%

1 Defined as adj. EBITDA minus Cash Capex.

SLIDE 66

Unaudited and preliminary Figures Page66

T-Mobile Croatia Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 1,380 1,428 1,534 1,534 1,550 1,651 19.7% 1,380 1,651 19.7%

Contract

261 267 300 300 313 351 34.6% 261 351 34.6%

Prepay

1,119 1,161 1,234 1,234 1,237 1,300 16.2% 1,119 1,300 16.2% Net adds 26 49 105 194 16 101 293.4% 39 117 197.0%

Contract

7 7 33 48 13 38 483.4% 8 51 524.1%

Prepay

19 42 73 146 4 63 228.8% 31 67 114.6% Average monthly churn 1.2% 0.8% 0.9% 1.1% 1.1% 1.1%

0.1%p

1.3% 1.1%

0.2%p
Contract

1.6% 1.2% 1.1% 1.4% 1.4% 0.9%

0.7%p

1.8% 1.1%

0.7%p

€ Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 106 136 105 436 101 129 21.7% 195 230 17.9% ARPU Revenue (million) 98 129 95 406 94 118 20.4% 182 212 16.5% EBITDA (million) 50 79 27 193 51 58 16.0% 87 109 25.3% EBITDA margin (total rev.) 47.2% 58.1% 25.7% 44.3% 50.3% 45.1%

2.1%p

44.6% 47.4% 2.8%p EBITDA margin (ARPU rev.) 51.0% 61.2% 28.4% 47.5% 53.9% 49.4%

1.6%p

47.8% 51.4% 3.6%p SAC 64 51 96 72 61 60

6.3%

61 60

1.6%
Contract

115 79 158 126 123 121 5.2% 110 122 10.9%

Prepay

47 45 71 54 32 45

4.3%

44 41

6.8%

ARPU 24 31 21 24 20 25 4.2% 22 23 4.5%

Contract

71 104 60 73 55 69

2.8%

65 63

3.1%
Prepay

13 14 12 13 12 13 0.0% 12 12 0.0% Non-Voice % of ARPU 15% 12% 17% 15% 18% 14%

1%p

16% 16% 0%p Cash Capex (million) 16 8 34 64 20 25 56.3% 22 45 104.5% Cash Contribution1 34 71

7

129 31 33

2.9%

65 64

1.5%

1 Defined as adj. EBITDA minus Cash Capex.

SLIDE 67

Unaudited and preliminary Figures Page67

T-Mobile Slovensko (Slovakia) Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 1,740 1,807 1,915 1,915 1,885 1,904 9.4% 1,740 1,904 9.4%

Contract

517 563 647 647 663 714 38.0% 517 714 38.0%

Prepay

1,223 1,244 1,267 1,267 1,223 1,191

2.6%

1,223 1,191

2.6%

Net adds 56 67 108 301

29

19

65.8%

127

10

n.a.

Contract

27 46 84 188 15 51 86.5% 58 66 14.5%

Prepay

28 21 23 113

44
32

n.a. 69

77

n.a. Average monthly churn 1.2% 1.4% 1.6% 1.4% 2.3% 1.8% 0.6%p 1.3% 2.1% 0.8%p

Contract

0.9% 0.8% 1.0% 0.9% 1.4% 1.1% 0.2%p 0.9% 1.2% 0.3%p € Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 80 85 91 332 86 93 15.5% 155 179 15.4% ARPU Revenue (million) 73 79 83 303 79 86 17.2% 142 167 18.0% EBITDA (million) 34 34 23 123 40 42 24.2% 66 82 24.4% EBITDA margin (total rev.) 42.0% 39.8% 25.1% 37.0% 47.0% 44.9% 2.9%p 42.5% 45.9% 3.4%p EBITDA margin (ARPU rev.) 46.1% 43.1% 27.7% 40.5% 51.0% 48.2% 2.1%p 46.6% 49.3% 2.7%p SAC 28 35 41 34 37 37 32.1% 28 37 32.1%

Contract

116 141 120 119 109 89

23.3%

106 97

8.5%
Prepay

6 6 8 6 3 3

50.0%

5 3

40.0%

ARPU 14 15 15 14 14 15 7.1% 14 15 7.1%

Contract

35 35 34 34 32 33

5.7%

34 32

5.9%
Prepay

6 6 6 6 5 5

16.7%

6 5

16.7%

Non-Voice % of ARPU 13% 13% 15% 13% 15% 14% 1%p 13% 15% 2%p Cash Capex (million) 17 28 20 81 21 12

28.6%

32 33 2.3% Cash Contribution1 17 6 3 42 19 30 76.4% 34 49 45.6%

1 Defined as adj. EBITDA minus Cash Capex.

SLIDE 68

Unaudited and preliminary Figures Page68

Mobimak (Macedonia) Key operating and financial data.

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 623 693 752 752 777 800 28.4% 623 800 28.4%

Contract

107 113 119 119 122 125 16.9% 107 125 16.9%

Prepay

516 580 634 634 655 675 30.7% 516 675 30.7% Net adds 58 70 59 229 25 23

60.4%

100 47

52.8%
Contract

5 7 5 20 3 3

35.5%

8 6

24.9%
Prepay

53 63 54 209 21 20

62.6%

92 41

55.3%

Average monthly churn 0.9% 0.8% 1.3% 1.0% 1.7% 1.6% 0.7%p 0.9% 1.7% 0.8%p

Contract

0.8% 0.8% 0.9% 0.9% 0.9% 0.9% 0.1%p 1.0% 0.9%

0.1%p

'000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 35 36 34 135 31 35 0.0% 65 66 1.5% ARPU Revenue (million) 29 34 30 121 29 32 10.3% 57 61 7.0% EBITDA (million) 19 19 17 71 16 19 0.0% 35 35 0.0% EBITDA margin (total rev.) 54.3% 52.8% 50.0% 52.6% 52.3% 54.8% 0.5%p 53.8% 53.6%

0.2%p

EBITDA margin (ARPU rev.) 65.5% 55.9% 56.7% 58.7% 55.9% 60.6%

4.9%p

61.4% 58.4%

3.0%p

SAC 20 18 22 20 20 21 5.0% 20 21 5.0%

Contract

27 36 41 32 30 35 29.6% 24 32 33.3%

Prepay

20 16 20 19 19 20 0.0% 20 19

5.0%

ARPU 16 17 14 16 13 13

18.8%

17 13

23.5%
Contract

43 48 39 44 38 41

4.7%

44 39

11.4%
Prepay

11 11 9 10 8 8

27.3%

11 8

27.3%

Non-Voice % of ARPU 11% 10% 11% 11% 12% 10%

1%p

11% 11% 0%p Cash Capex (million) 7 11 1 21 5 2

71.4%

9 7

22.2%

Cash Contribution1 12 8 16 50 11 17 41.7% 26 28 7.7%

1 Defined as adj. EBITDA minus Cash Capex.

SLIDE 69

Unaudited and preliminary Figures Page69

web’n’walk T-Mobile launches open mobile internet.

T-Mobile transfers Internet experience on PCs to cell phones.
Handsets optimised for internet browsing: Easy spontaneous access to

the World Wide Web with Sidekick II, MDA compact, Nokia 6680 and the new SDA model.

Fast, user-friendly surfing with optimized Internet browsers.
Worry-free offers: Internet-optimized devices with attractive price plans.
Attractive tariffs: Data 30 for 10 € per month. 30 Megabyte volume is

good for 3,000 mails or 500 minutes of web browsing.

SLIDE 70

Unaudited and preliminary Figures Page70

Sidekick II Your ‘instant email on the go’ device.

Optimized HTML-browsing supported by

smart scroll bar

Special compression procedure makes it

possible retrieve and display internet sites even faster.

Triband: 900, 1800, 1900 MHz
Voice, SMS, MMS, E-mail, IM (AOL, Yahoo)
VGA camera with flash
Cool downloads of Sidekick specific content

(Ringtones, games, applications)

Weight only 184 g.
Launch with T-Mobile from June 2005.

SLIDE 71

Unaudited and preliminary Figures Page71

MDA Family: MDA compact Your ‘cool design – smart services’ device.

Most stylish Windows Mobile 2003 with appropriate

Phone user experience

HTML-Browsing and MS-Mediaplayer ensures

excellent Multimedia experience

1.3 Megapixel Camera Tri-Band: 900, 1800, 1900 MHz, Bluetooth Voice, SMS, MMS, Video, E-mail, IM (MSN) 64 MB RAM plus 64 MB ROM MP3 Music Weight only 150 g Launched Exclusively with T-Mobile since end of 2004

SLIDE 72

Unaudited and preliminary Figures Page72

Selection of 3G devices : Nokia 6680 Your ‘see and be seen’ device.

2 cameras (1x 1,3 MegaPixel and 1 x VGA) with Flash LED 2 way Videotelephony (2 cameras) Web browsing and video streaming with broadband speed Triband: 900, 1800, 1900, EDGE, WCDMA and Bluetooth Always-on email client with document viewers (ppt, xls, doc, pdf) Direct photo printing vio Bluetooth, MMC and USB Weight only 133 g. Launched since mid March 2005.

SLIDE 73

Unaudited and preliminary Figures Page73

MDA Family: MDA Pro Your ‘mini notebook’ device.

3,6‘‘ VGA TFT-LCD display unique pivoting communicator (PDA & mini notebook

mode)

UMTS dual mode, Tri-Band: 900, 1800, 1900 MHz, Bluetooth and WLAN 128 MB ROM plus 64 MB RAM plus MMC Voice, SMS, MMS, Video, Outlook E-mail,

IM (MSN), Blackberry Push email

Dual camera for Videotelefonie Large QUERTY keyboard Powerful Multimedia experience (Audio & Video) Exclusive launch with T-Mobile before

Chrismas season starts

SLIDE 74

Unaudited and preliminary Figures Page74

HSDPA Highspeed UMTS.

High-speed UMTS: T-Mobile brings mobile data transmission up to DSL

speed with HSDPA technology.

Bandwidths of up to 1.8 megabits per second will be available in T-Mobile's

UMTS network from CeBIT 2006.

Pilot tests of high-speed UMTS to begin in fall of 2005. Broadband for laptops: T-Mobile will offer a special, updateable data card

for high-speed UMTS from September 2005.

HSDPA capable data card will be marketed from September 2005.

SLIDE 75

Unaudited and preliminary Figures Page75 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

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SLIDE 76

Unaudited and preliminary Figures Page76 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

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SLIDE 77

Unaudited and preliminary Figures Page77 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

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SLIDE 78

Business Customers.

Content

Key figures adjusted for special influences.......................79 EBITDA reconciliation........................................................................................................80 Key figures unadjusted.....................................................................................................81 Special influences.......................................................................................................................82 Summary and geographical breakdown..................................83 Enterprise Services: Summary ................................................................................................................................................84 Computing & Desktop Services ..........................................................85 Systems Integration.......................................................................................................86 Telecommunication ......................................................................................................87 Business services: Summary ................................................................................................................................................88

For further information on services, solutions, customers and divisional management see

www.t-systems.de

SLIDE 79

Unaudited and preliminary Figures Page79

Business Customers adjusted for special influences.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206

2.0%

6,347 6,330

0.3%

Net revenue 2,327 2,200 2,505 9,241 2,253 2,281

2.0%

4,536 4,534 0.0% EBITDA 426 453 365 1,638 396 410

3.8%

820 806

1.7%

EBITDA margin 13.0% 14.3% 10.6% 12.6% 12.7% 12.8%

0.2%p

12.9% 12.7%

0.2%p

Depreciation and amortization

243
234
238
947
215
221
9.1%
475
436
8.2%

Operating results = EBIT 183 219 127 691 181 189 3.3% 345 370 7.2% Cash capex 211 193 229 757 132 168

20.4%

335 300

10.4%

Cash contribution1 215 260 136 881 264 242 12.6% 485 506 4.3%

1 Defined as adj. EBITDA – Cash Capex

SLIDE 80

Unaudited and preliminary Figures Page80

EBITDAreconciliation in Business Customers .

Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206 Operating results = EBIT 140 214 57 570 180 184

Depreciation and amortization
243
234
238
947
215
221

= EBITDA 383 448 295 1,517 395 405 EBITDA margin 11.7% 14.1% 8.6% 11.7% 12.6% 12.6%

Special influences affecting EBITDA
43
5
70
121
1
5

=

Adj. EBITDA

426 453 365 1,638 396 410

Adj. EBITDA margin

13.0% 14.3% 10.6% 12.6% 12.7% 12.8% € million

SLIDE 81

Unaudited and preliminary Figures Page81

Business Customers unadjusted.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206

2.0%

6,347 6,330

0.3%

Net revenue 2,327 2,200 2,505 9,241 2,253 2,281

2.0%

4,536 4,534 0.0% EBITDA 383 448 295 1,517 395 405 5.7% 774 800 3.4% EBITDA margin 11.7% 14.1% 8.6% 11.7% 12.6% 12.6% 0.9%p 12.2% 12.6% 0.4%p Depreciation and amortization

243
234
238
947
215
221
9.1%
475
436
8.2%

Operating results = EBIT 140 214 57 570 180 184 31.4% 299 364 21.7%

SLIDE 82

Unaudited and preliminary Figures Page82

Special influences affecting Business Customers .

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on EBITDA

43
5
70
121
1
5
of which restructuring provisions
53
56
of which transfer payment Vivento
43
14
17
74
1
5
of which gain of sale of cc-chemplorer

9 9 Effect on Operating results = EBIT

43
5
70
121
1
5

SLIDE 83

Unaudited and preliminary Figures Page83

Business Customers. Summary and geographical breakdown.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206

2.0%

6,347 6,330

0.3%

thereof international 476 434 384 1,733 414 446

6.3%

915 860

6.0%
Adj. EBITDA

426 453 365 1,638 396 411

3.5%

820 806

1.7%
Adj. EBITDA margin

13.0% 14.3% 10.6% 12.6% 12.7% 12.8%

0.2%p

12.9% 12.7%

0.2%p

Cash Capex 211 193 229 633 132 168

20.4%

335 300

10.4%

Cash contribution 215 260 136 1,005 264 243 13.0% 485 506 4.3% Order entry 3,275 3,460 3,602 13,265 3,080 3,897 19.0% 6,203 6,977 12.5% % Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Germany 85% 86% 89% 87% 87% 86% 1.0%p 86% 86% 0.8%p Europe 12% 12% 12% 12% 12% 13% 0.6%p 12% 12% 0.3%p

f which Western Europe

11% 11% 11% 11% 11% 12% 0.6%p 11% 11% 0.1%p

f which Eastern Europe

1% 1% 1% 1% 1% 1%

0.1%p

1% 1% 0.2%p America 2% 2% 2% 2% 2% 2%

0.2%p

2% 2%

0.6%p

Asia 0% 0% 0% 0% 0% 0% 0.4%p 0% 0% 0.0%p Africa 1% 1% 1% 1% 1% 1%

0.4%p

1% 1% 0.0%p

SLIDE 84

Unaudited and preliminary Figures Page84

Business Customers Enterprise Services. Summary.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 2,102 2,039 2,200 8,248 2,041 2,086

0.8%

4,009 4,127 2.9%

Adj. EBITDA

328 369 249 1,265 328 347 5.8% 647 676 4.5%

Adj. EBITDA margin

15.6% 18.1% 11.3% 15.3% 16.1% 16.6% 1.0%p 16.1% 16.4% 0.3%p Capex1 171 161 255 704 107 172 0.6% 289 279

3.5%

Cash contribution2 157 208

5

561 222 175 11.5% 358 397 10.9% Headcount (end of period) 35,863 35,827 35,539 35,539 35,768 35,586

0.8%

35,863 35,586

0.8%

Headcount (average number) 35,520 35,860 35,626 35,529 35,660 35,634 0.3% 35,315 35,648 0.9%

1 Booked Capex 2 Defined as adj. EBITDA – Booked Capex

SLIDE 85

Unaudited and preliminary Figures Page85

Business Customers Enterprise Services. Computing & Desktop Services.

Financial (€ million) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 1,180 1,169 1,186 4,590 1,158 1,157

1.9%

2,236 2,315 3.5%

Adj. EBITDA

265 288 188 999 265 314 18.5% 523 579 10.7%

Adj. EBITDA margin

22.5% 24.7% 15.8% 21.8% 22.9% 27.2% 4.7%p 23.4% 25.0% 1.6%p Capex1 147 147 237 621 96 158 7.5% 237 254 7.2% Cash contribution2 118 142

49

379 169 157 33.1% 286 326 14.0% Headcount (end of period) 20,570 20,850 20,788 20,788 20,712 20,653 0.4% 20,570 20,653 0.4% Value Driver Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Desktop under service ('000) 1,225 1,257 1,220 1,220 1,263 1,295 5.7% 1,225 1,295 5.7% Service share3 60.3% 60.2% 62.0% 60.6% 60.5% 61.7% 1.4%p 60.0% 61.1% 1.1%p MIPS capacity (number) 121,831 124,448 130,786 130,786 130,429 126,656 4.0% 121,831 126,656 4.0%

1 Booked Capex 2 Defined as adj. EBITDA – Booked Capex 3 Germany only.

SLIDE 86

Unaudited and preliminary Figures Page86

Business Customers Enterprise Services. Systems Integration.

Financial (€ million) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 394 377 517 1,657 386 399 1.3% 763 785 2.9%

Adj. EBITDA

37 53 34 162 41 22

40.5%

75 63

16.0%
Adj. EBITDA margin

9.4% 13.9% 6.7% 9.8% 10.6% 5.6%

3.8%p

9.9% 8.1%

1.8%p

Capex1 5 7 10 31 6 9 80.0% 14 15 7.1% Cash contribution2 32 45 25 132 35 13

59.4%

61 48

21.3%

Headcount (end of period) 14,469 14,155 13,929 13,929 14,203 14,071

2.8%

14,469 14,071

2.8%

Value Driver Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Utilization rate 78.9% 79.0% 79.8% 77.8% 77.3% 78.9% 0.0%p 76.1% 78.1% 2.0%p Charge-out-rate (€) 100 99 115 104 99 98

2.0%

101 98

3.0%

1 Booked Capex 2 Defined as adj. EBITDA – Booked Capex

SLIDE 87

Unaudited and preliminary Figures Page87

Business Customers Enterprise Services. Telecommunication.

Financial (€ million) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 527 493 497 2,000 497 531 0.8% 1,010 1,027 1.7%

Adj. EBITDA

25 28 27 103 22 11

56.0%

48 33

31.3%
Adj. EBITDA margin

4.8% 5.7% 5.5% 5.2% 4.4% 2.0%

2.8%p

4.8% 3.2%

1.6%p

Capex1 19 7 8 49 5 5

73.7%

35 10

71.4%

Cash contribution2 6 21 19 54 17 5

16.7%

14 23 64.3% Headcount (end of period) 824 822 821 821 853 862 4.6% 824 862 4.6%

1 Booked Capex 2 Defined as adj. EBITDA – Booked Capex

SLIDE 88

Unaudited and preliminary Figures Page88

Business Customers Business Services. Summary.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 1,170 1,129 1,242 4,709 1,083 1,120

4.3%

2,338 2,203

5.8%
Adj. EBITDA

99 84 116 373 68 63

36.4%

173 130

24.9%
Adj. EBITDA margin

8.5% 7.4% 9.2% 7.8% 6.3% 5.6%

2.9%p

7.4% 5.9%

1.5%p

Capex1 51 41 51 167 40 49

3.9%

76 89 17.1% Cash contribution2 48 42 66 206 28 14

70.8%

97 41

57.7%

Headcount (end of period) 17,106 15,573 15,634 15,634 15,940 16,182

5.4%

17,106 16,182

5.4%

Headcount (average number) 17,210 15,734 15,606 16,449 15,654 16,094

6.5%

17,228 15,873

7.9%

Value Driver Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Revenue Voice 487 481 492 1,933 455 490 0.6% 959 946

1.4%

Revenue Data (Legacy/IP) 584 673 742 2,593 579 571

2.2%

1,179 1,150

2.5%

Revenue IT 15 10 32 77 32 59 293.3% 35 91 160.0% Material Ratio 75% 80% 90% 80% 70% 68%

7.5%p

75% 69%

5.9%p

1 Booked Capex 2 Defined as adj. EBITDA – Booked Capex

SLIDE 89

Unaudited and preliminary Figures Page89 Blank Page - left blank to optimize double-sided printout with 2 slides per page.

Notes.

................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. 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................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. ................................................................................................................................................................................................................................................................................................................................................................................................................................. .................................................................................................................................................................................................................................................................................................................................................................................................................................

SLIDE 90

GHS.

Content

Key figures adjusted for special influences.......................91 EBITDA reconciliation........................................................................................................92 Key figures unadjusted.....................................................................................................93 Special influences.......................................................................................................................94 Vivento...................................................................................................................................................................95

SLIDE 91

Unaudited and preliminary Figures Page91

“Group Headquarters & Shared Services” adjusted for special influences.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 882 887 891 3,526 853 883 0.1% 1,748 1,736

0.7%

Net revenue 69 57 72 260 65 66

4.3%

131 131 0.0% EBITDA

165
22
274
548
72
66

60.0%

252
138

45.2%

of which Vivento
222
198
199
830
186
156

29.7%

433
342

21.0% EBITDA margin

18.7%
2.5%
30.8%
15.5%
8.4%
7.5%

11.2%p

14.4%
7.9%

6.5%p Depreciation and amortization

196
237
239
876
209
211
7.7%
400
420
5.0%

Operating results = EBIT

361
259
513
1,424
281
277

23.3%

652
558

14.4% Cash capex 128 133 201 518 56 118

7.8%

184 174

5.4%

SLIDE 92

Unaudited and preliminary Figures Page92

EBITDA reconciliation in “Group Headquarters & Shared Services”.

Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Total revenue 882 887 891 3,526 853 883 Operating results = EBIT

318
238
552
1,432
292
231
Depreciation and amortization
196
237
239
876
209
211

= EBITDA

122
1
313
556
83
20

EBITDA margin

13.8%
0.1%
35.1%
15.8%
9.7%
2.3%
Special influences affecting EBITDA

43 21

39
8
11

46 =

Adj. EBITDA
165
22
274
548
72
66
Adj. EBITDA margin
18.7%
2.5%
30.8%
15.5%
8.4%
7.5%

€ million

SLIDE 93

Unaudited and preliminary Figures Page93

“Group Headquarters & Shared Services“ unadjusted.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 882 887 891 3,526 853 883 0.1% 1,748 1,736

0.7%

Net revenue 69 57 72 260 65 66

4.3%

131 131 0.0% EBITDA

122
1
313
556
83
20

83.6%

242
103

57.4%

of which Vivento
179
167
185
775
197
150

16.2%

423
347

18.0% EBITDA margin

13.8%
0.1%
35.1%
15.8%
9.7%
2.3%

11.6%p

13.8%
5.9%

7.9%p Depreciation and amortization

196
237
239
876
209
211
7.7%
400
420
5.0%

Operating results = EBIT

318
238
552
1,432
292
231

27.4%

642
523

18.5%

SLIDE 94

Unaudited and preliminary Figures Page94

Special influences affecting “Headquarters & Shared Services”.

€ million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on EBITDA 43 21

39
8
11

46

of which transfer payment Vivento

43 21 19 83 2 10

Accruals for reduction of personnel,

redundency payments and others

58
91
13

36 Effects on Operating results = EBIT 43 21

39
8
11

46

SLIDE 95

Unaudited and preliminary Figures Page95

Vivento Measures. Implication of efficient processes.

End of period 1 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 Transfers to Vivento (cumulative) 27,000 30,450 31,800 32,500 33,000 Left Vivento (cumulative) 7,100 11,050 12,800 14,800 16,500 ² Employees in Vivento 19,900 19,400 19,000 17,700 16,500 Business lines 3,200 4,000 4,600 5,700 6,350 Temporary workers, projects 6,400 10,200 10,000 7,100 6,350 Training 2,100 1,200 800 700 250 Management 700 700 750 750 750 Remaining Vivento employees 7,500 3,200 2,850 3,450 2,800

1 Rounded figures; including Vivento management 2 Of which approx. 8,600 employees have left the Deutsche Telekom group since 2002

SLIDE 96

Unaudited and preliminary Figures Page96

Glossary and Disclaimer.

such as ... which is defined as ... EBIT Abbreviation for EARNINGS BEFORE INTEREST AND TAXES. EBIT is equivalent to the P&L-line "Operating Results".

Adj. EBIT

EBIT adjusted for special influences. EBT Abbreviation for EARNINGS BEFORE TAXES. EBT is equivalent to the P&L-line "Income before taxes".

Adj. EBT

EBT adjusted for special influences. EBITDA Abbreviation for EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION. EBITDA is equivalent to EBIT minus Depreciation and

Amortisation. Depreciation and Amortisation is not a line in the P&L but provided as "Other disclosure".
Adj. EBITDA

EBITDA adjusted for special influences.

Adj. Net income/loss

Net income/loss adjusted for special influences. Special influences Special influences impair the comparability of the results with previous periods. Details on the special influences are given for for the group and each division. Cash capex Amout of payouts for tangible and intangible assets excluding goodwill. Cash contribution EBITDA minus capex. Free cash flow Net cash provided by operating activities minus capex. Gross debt Gross debt is the basis for total net interest expense incurred and contains debt in accordance with the consolidated balance sheet, liabilities to non-banks from loan notes, cash collateral received for positive fair values from derivatives, and necessary settlement amounts for interest rate and cross currency swaps for loans taken out in foreign currencies. Net debt Gross debt minus liquid assets, minus investments in noncurrent securities and in marketable securities, minus discounts on loans minus cash collateral paid for negative fair values from derivatives and necessary settlement amounts for interest rate and cross currency swaps for loans taken out in foreign currencies. SAC Abbreviation for SUBSCRIBER ACQUISITION COSTS. Calculation: Customer acquisition costs divided by the number of gross customers added durring the respective period. CPGA Abbreviation for COST PER GROSS ADD. Calculation: customer acquisition costs plus the subsidy loss on customer acquisition related to equipment sales, divided by the number of gross customers added during the respective period. CCPU Abbreviation for CASH COST PER USER. Calculation: including all network and general and administrative costs divided by the average number of customers during the respective period. These and the other non-GAAP financial measures used by Deutsche Telekom are derived from our IFRS financial info but do not comply with IFRS and should not be viewed as a substitute for

ur IFRS figures. Our non-GAAP financial measures may not be comparable to non-GAAP financial measures used by other companies. To interpret our major non-GAAP financial measures,

please refer to the information contained in these materials and the chapter “Reconciliation to pro forma figures” in the annual and interim reports or the reconciliation to pro forma figures posted on Deutsche Telekom’s Investor relations website. If not stated otherwise, all numbers comply with the International Financial Reporting Standards (IFRS). This presentation contains non-GAAP financial measures, ARPU Abbreviation for AVERAGE REVENUE PER USER. Calculation: Service fee, as well as voice, non voice, roaming and visitor revenues, divided by the average number of customers in the period. Visitor revenues are allocated exclusivly to contract customers. Activation charges, virtual network operator revenues and other operating revenue are not included.